Monday, July 27, 2026
Nigeria’s budget implementation faces funding crisis as oil, non-oil revenues shrink
Nigeria’s federally-collected revenue (gross) in the month of May 2017 was estimated at N458.42 billion falling below the monthly budget...
Read moreDetailsShareholders of Access, Zenith, UBA, StanbicIBTC, GTB on queue for interim dividends
Shareholders of five Nigerian banks, namely, Access, Zenith, UBA, StanbicIBTC and Guaranty Trust Bank, are lining up in wait to...
Read moreDetailsOil trades near $46 as Nigeria, Libya await decision to cap crude output
Oil traded near $46 a barrel as crude production rebounded in Libya, an OPEC member exempt from output kerbs. Futures...
Read moreDetailsUnilever, Forte Oil, 7Up lift Nigeria’s equity market as benchmark index gains 0.12%
The positive sentiments that dominated the Nigerian equities market last week continued Monday, with fast moving consumer goods (FMCG) stocks...
Read moreDetailsUK lawmakers want disclosure of Toyota investment reassurances
The British government should disclose what post-Brexit reassurances it offered Japanese carmaker Toyota ahead of a 240-million pound ($313 million)...
Read moreDetailsNigeria’s inflation slows for fifth consecutive month to 16.10% as rise in food index continues unabated
Updated: 14:59-- Nigeria’s inflation rate for the month of June 2017, according to data released by the country’s statistical organisation,...
Read moreDetailsOil prices edge up on strong China demand, signs of U.S. output slowdown
Oil prices inched up on Monday, supported by strong refinery demand from China and a slowdown in the growth of...
Read moreDetailsUnilever involved in bidding war for Reckitt Benckiser’s £2bn-valued food business
Anglo-Dutch conglomerate Unilever is involved in a £2bn bidding war to buy Reckitt Benckiser’s food business. The London and Amsterdam-listed firm is...
Read moreDetailsU.S.-China trade talks sputtering at 100-day deadline
Bilateral talks aimed at reducing the U.S. trade deficit with China have yielded some initial deals, but U.S. firms say...
Read moreDetailsCorruption can hurt growth and ruin people’s economic chances, warns IMF
*Estimates global cost of bribery at $2trn annually.... A research by the International Monetary Fund (IMF) shows that in countries...
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