Nigeria, Angola crude demand firm as international refiners run full steam on booming margins
Booming refinery profits are helping leading African oil producers, Nigeria and Angola sell cargoes quickly, aided by a shortage in ...
Friday, June 12, 2026
Tag: Nigeria
Nigeria postal services targets 70% home deliveries in 2yrs as it adopts innovative addressing system
Nigeria’s postal service, NIPOST has set itself the ambitious target of increasing home delivery to 70 percent within the next ...
Libya crude floods market again amid OPEC’s supply cut decision
Libya’s crude shipments jumped to a new three-year high last month, dealing a fresh blow to OPEC and allied oil-producing ...
Standard Chartered sees shares hammered despite 82% rise in H1 profit
Standard Chartered plc, which operates a banking network in Nigeria, saw its share price fall by 5.5 percent despite announcing ...
Crude oil prices edge down after sharp gain in end-July as market awaits OPEC technical committee meeting
Crude oil prices edged down Tuesday, following a week of straight gains that brought the global oil benchmark above $50 ...
Lagos alone contributes 55% of Nigeria VAT collections but receives less on few number of councils
Kemi Adeosun, minister for finance, says more than half of Nigeria’s value added tax (VAT) comes from Lagos state alone. ...
Nigeria’s economy seen coming out of recession as manufacturing index expand for the fourth consecutive month
The manufacturing purchasing managers’ index (PMI), an indicator of the economic health of the manufacturing sector increased to 54.1 index ...
Ambush on Nigeria oil researchers subdues hopes of quick economy recovery
An attack by Islamist militants on an oil exploration team in Nigeria’s northeast has hurt the government’s ambition to find new ...
Outlook for Nigerian stocks positive on improved economic data, earnings expectations
Despite a 2.8 percent drop in value of Nigerian stocks Monday, market analysts still see strong outlook for equities based ...
Affordability seen a barrier to Internet access in Nigeria
Nigerians’ access to the Internet has been plagued by affordability, just as awareness and use of zero rating remains low ...
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