Oil could hit $150/barrel if the West sanctions Russia’s energy exports
Since Russia began its special military operation in Ukraine, the United States and other European nations have been reluctant to…
Day: March 7, 2022
Worries as global powers launch new ‘scramble for Africa’
There is another scramble for Africa according to international media, but this time it is about who can best profit…
Transcorp Hotels profit increases by 143% as revenue hits N21.7 billion
Transcorp Hotels Plc has announced its audited financial statements for the full year ended December 31, 2021, showing 114 per…
Stock Market Begins First Trading Week with N32bn Decline
The stock market of the Nigerian Exchange Limited (NGX) commenced March dropping by N32billion on investors’ profit-taking in large-mid capitalised…
UBA’s profit rose to N153bn in 2021
United Bank for Africa Plc said it recorded N153bn profit for the 2021 financial year ended December 31, 2021. This…
CBN plays lead role in agric to create jobs, says Emefiele
The CBN governor Godwin Emefiele has expressed satisfaction with the level of interest and the impact the agriculture sector has…
Ukraine-Russia war: Nigeria, others may face commodity supply disruptions, says IMF – Punch
The International Monetary Fund says countries that have very close economic links with Ukraine and Russia are at particular risk…
Mining, quarrying sector contributed N5.37tn to GDP in 2021’
The mining and quarrying sector recorded a total contribution of N5.37tn to the Gross Domestic Product in 2021, according to…