Tuesday, July 28, 2026
Higher cash flow helps Shell pay down debts, boost profit to $3.6bn in Q2
Higher cash flows amounting to $11.3 billion in the second quarter enabled Royal Dutch Shell Plc to pay down debts...
Read moreDetailsLondon listed Nigeria Seplat curbs losses by 35.8% in half year operating results
Seplat Petroleum Development Company Plc., a leading Nigerian indigenous oil and gas company listed on both the Nigerian and London...
Read moreDetailsKuwait joins Saudis, U.A.E. assuring more OPEC oil cuts
Kuwait joined the United Arab Emirates in promising to pump less oil after Saudi Arabia called on fellow OPEC producers...
Read moreDetailsNigeria’s equities surge to 31-month high on H1 earnings expectations
Nigerian stocks Wednesday sustained a two-week long uptrend as all-share index surged 3.4 percent to a 31-month high of 36,740.77...
Read moreDetailsNigeria policy rate retention may worsen capacity underutilization, as businesses avoid borrowing due to high interest
Financial and economic analysts in Nigeria, offering a postmortem of the central bank's Tuesday monetary policy decision to retain benchmark...
Read moreDetailsNigeria 9Mobile seeks concessional foreign exchange access, others to meet financial obligations
9Mobile, the rebranded Etisalat and Nigeria’s number four mobile phone company, has tabled a list of regulatory concession demands, including...
Read moreDetailsNigerians getting poorer as wealth per capita declines 20% in 2016, says new AfrAsia Bank report
The average wealth per person (wealth per capita) in Nigeria declined 20 percent in 2016 from about $2000 to $1,600,...
Read moreDetailsNigeria central bank to issue N229bn treasury bills to curb money supply growth
In order to further help government finance its budget deficit, curb money supply growth and to help lenders manage their...
Read moreDetailsNigeria takes step to ease business environment as Customs orders removal of illegal checkpoints
Col. Hamid Ali (rtd), DG of Customs Nigeria took further active step Tuesday to give life to a longstanding desire...
Read moreDetailsNigeria central bank warns of return to negative growth if fiscal policies not activated, holds policy rates at 14%
Rising from its 257th monetary policy committee (MPC) meeting Tuesday, the Central Bank of Nigeria (CBN) voted to hold all...
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