Forte Oil in talks on refinery deal to boost capacity
Akin Akinfemiwa, Chief Executive of Nigeria's Forte Oil, Friday, said the company is in talks with a major refinery to form a ...
Thursday, May 14, 2026
Tag: Nigeria
FSDH analysts expect July inflation to come in at 15.96%, but pressure remains
Analysts at FSDH are making a bold call that inflation figures for the month of July would drop further when ...
Nigeria’s interbank lending rate rise to 23% on cash squeeze as CBN sells N167.6bn bills
Nigeria's interbank lending rate rose sharply to 23 percent Friday from just five percent a week ago after the central ...
Lagos city taxi fares most expensive in Africa, setback for Nigeria in attracting international tourists, says report
Taxi fares out of Lagos Airport, which tourists need to pay upon arrival in the country to get out of ...
Nigerian, South African economies hindering Nedbank’s profitability
Nedbank Group Ltd. is finding its profitability at the mercy of the oil price, Nigerian and South African politicians because of ...
Nigeria set to legalise outlawed refineries, supply them with crude
Nigeria Federal government said Thursday, that it will legalise mini refineries that are currently outlawed in the Niger Delta oil ...
Nigeria authorities to impose tax on first-class, business-class tickets, others
Kemi Adeosun, minister of finance Nigerian authorities are to start imposing tax on luxury goods and services, including air tickets, ...
Nigeria’s naira weakens 0.55% against US dollar at parallel market
Nigeria's currency, the naira, Thursday weakened at the parallel market, shedding 0.55 percent to N365 to the dollar from N363 ...
Nigeria’s bad bank, AMCON, seeks anti-graft agency, EFCC, collaboration to recover N4.6trn debt from recalcitrant obligors
L-R: Eberechukwu Uneze, Executive Director, Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, MD/CEO, AMCON, Ibrahim Mustafa Magu, Acting Chairman, ...
New forex move cost Nigeria bourse chance to go ahead Egypt in market capitalisation
Nigeria missed its best chance in 13 months on Tuesday to overtake Egypt in stock-market capitalization as an expansion of ...
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