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 ...
Thursday, June 11, 2026
Tag: Nigeria
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, ...
Etisalat gives timeline on resolution of debts to banks, restructuring
The new management team at Etisalat Nigeria has given a timeline of between three to six months to resolve the ...
Joseph Nnanna named new chairman of Etisalat Nigeria
The Deputy Governor of CBN on Financial System Stability was announced the new chairman of Etisalat Nigeria in a press release ...
Nigeria hires Microsoft, Oracle to recover from recession
Nigeria is hiring U.S. technology giants such as Oracle Corp. and Microsoft Corp. as the government invests more to save ...
Guinness Nigeria starts $126 million share sale to cut funding costs
Guinness Nigeria on Tuesday launched a share sale to raise 39.7 billion naira ($126 million) from existing shareholders to help ...
Nigeria’s debt rose steeply by 48% in 15 months on expansionary budget, deficit
Figures released by Nigeria’s Debt Management Office (DMO) show that the country's total national debt has risen steeply by as ...
Credit in short supply in Nigeria as private sector lending represent paltry 22% of GDP
Though data from the Central Bank of Nigeria (CBN) highlight an increase of 19.4 percent in credit to the national ...
NLNG says amendment Act amounts to double taxation, threat to FDI into Nigeria
Liquefied natural gas (LNG)-producing company, NLNG has stated that making amendments to the NLNG Act would amount to double taxation ...
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