Saudi Arabia silent over ‘whatever it takes’ at OPEC’s critical moment
Now is the time to maximize the impact of OPEC’s oil production cuts, yet the market is still waiting for ...
Wednesday, May 13, 2026
Tag: Nigeria
Nigeria equities claw back losses as price appreciation leads to 21.9% rise in traded value
The Nigerian equities market rebounded Thursday from a 4-day losing streak as traded value rose 21.9 percent to N3.6 billion, ...
Poor funding, low tariff bane of irregularities in power sector — IBEDC
Dele Ayodele, the Deputy Managing Director, Ibadan Electricity Distribution Company (IBEDC) on Thursday identified poor funding and low tariff charged ...
Long rough road still ahead for Nigeria naira, says EIU
*Central bank can’t keep a hard peg on currency... The Economist Intelligence Unit (EIU), a member of The Economist Group, ...
Nigeria borrowed $11.44 billion to run the government in 18 months
*This information shows Nigeria stockpiled about 58.8% of total debts between 2015 and 2017. The financial condition of Africa’s largest ...
ECOWAS urges members on creating enabling environment to improve mining
The ECOWAS Federation of Chambers of Mines (EFEDCOM) has called on West African countries to create enabling environment with adequate ...
NLNG CEO sees price of Nigeria cooking gas falling 20% in weeks
Tony Attah, the chief executive officer of Nigerian Liquefied Natural Gas (NLNG) Limited has given signs yet of a likely ...
Russia new stumbling block to OPEC production curbs
Russia has been reported to have opposed any proposal to deepen OPEC-led production cuts, which has led to crude oil ...
Nigeria equities benchmark index pared 0.3% despite rise in transaction volume, value
The equities market extended the negative trend that has persisted since the start of the week to Wednesday’s session, despite ...
Nigeria national oil company data show production down 69% at new Lagos Aje oil field
New data from Nigerian National Petroleum Corporation (NNPC), the oil production arm of Africa's largest economy by gross domestic product, ...
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