NNPC May Spend N201bn To Clean 170.25m Litres Of Dirty Fuel
The Nigerian National Petroleum Company Ltd. may need an estimated N201 billion worth of clean…
Category: Market
Naira Exchanges At N417.51 To $1 Officially
The naira continued its downward trend as the dollar was sold for N417.51 at the…
Nigeria President Order That Importers Of Contaminated Fuel Be Held Accountable
President Muhammadu Buhari has ordered that those responsible for importing petrol with higher than normal…
Facebook Asks Nigerian Customers To Update Records By Feb 25
Meta, the parent company of Facebook, says Nigerian customers should update their value-added tax (VAT)…
PepsiCo, Coke Revenues Surge On Higher Prices, Inflation Casts Shadow
PepsiCo Inc and Coca-Cola Co trounced Wall Street estimates for quarterly revenue on Thursday, supported…
Coca-Cola Beats Quarterly Revenue Estimates
Coca-Cola Co reported quarterly revenue on Thursday that beat analysts’ estimates, helped by higher prices…
Prioritise interest of investors’ — SEC tells capital market operators
Director-general of the securities and exchange commission Amid Yuguda says there is a need for…
Ukraine Strategist Predicts How Oil Will Hit $120 Per Barrel
Oil will “certainly” hit $120 a barrel and the global economy will be “radically altered”…
Arla Foods And Partner Tolaram Group Agree To Build Dairy Farm In Kaduna, Nigeria
As part of efforts aimed at boosting local milk production, Arla Foods, makers of Dano…
Nigeria Reps Tells APCON, NAFDAC, Others To Monitor Online Drug Adverts
The House of Representatives has called on the Advertising Practitioners Council of Nigeria to liaise…
MTN Pays NCC’s 5G License Fee Before Deadline
MTN Nigeria has paid the 5G license fee ahead of the February 24 deadline issued…
European Market Experience Little Change After Opening Bell
Europe markets opened flat on Friday as investors digested key updates from both the Bank…
OPEC To Raise Oil Production 400,000 Barrels Per Day
The Organisation of the Petroleum Exporting Countries and its Russia-led partners decided on Wednesday to…
Nigeria: Marketsquare Replaces Shoprite At Maryland Mall
Purplemaryland has said Marketsquare, a grocery retailer, will open its outlet at the mall following…
Dangote Peugeot Automobile Begins Operation In Nigeria
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the…
Coinoil And Three Others Grew Their Revenue By 49.96 Per Cent
Four of the major oil marketing companies in Nigeria saw their combined revenue surged by…
European Markets Climb Amid Global Gains
European stocks moved higher on Wednesday amid positive momentum in global markets. The pan-European Stoxx…
Chip Shortage: Volvo Sales Drop By 20.2 Percent
Volvo Car Group’s sales fell 20.2% in January under pressure from the global component shortage,…
Panasonic Experience Rise In Operating Cost
Japan’s Panasonic on Wednesday posted a larger-than-expected 44% slide in third-quarter operating profit, hit hard…
Nigerian Stock Exchange Market Gains 1.04 Per Cent
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share…
MTN Record Oversubscription Of 139.47 Per cent In Share Sales
126,720 retail investors submitted valid applications and received full allotment as MTN Nigeria Communications Plc…
Nigeria App For US Stocks, Bamboo Raises $15million Series A funding
Bamboo, a Nigerian brokerage app that lets Africans buy and trade US stocks in real-time has…
Naira Appreciates at Official Markets As FX Turnover Drops To Two-Week Low
The exchange rate between the naira and the US dollar closed at N416/$1 at the…
Amazon, AliExpress, Twitter, Zoom To Pay Tax On Profit Or Income Made In Nigeria
The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from…
Macau Legend Shares Fall Over 20% After CEO’s Arrest
Macau Legend reported Chan had been arrested in a statement to the Hong Kong stock…
Asia Stocks Make Tentative Gains, Brent Tops $91
Asian shares swung higher on Monday as Wall Street futures stabilised, though tests loom ahead…
Chevron Report Fourth Quarter Profit
Chevron Corp on Friday reported a fourth quarter profit, which missed estimates by analysts on…
Europe’s Tech Stocks Set For Biggest Monthly Drop In More Than 13 Years
European technology stocks fell on Friday and was on track for its biggest monthly drop…
Nigeria Stock Market Capitalization Decreases By N280.62 Billion
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share…