Oil Set For Second Weekly Gain As Stockpiles Drop, Dollar Eases
Oil headed for a back-to-back weekly gain, supported by signs that the global crude market is tightening and a…
Canada FX Debt-Canadian Dollar Climbs To 2-Week High As Oil Rallies
The Canadian dollar rose to its
highest level in more than two weeks against its broadly weaker
U.S. counterpart…
Yuan Retreats After Touching Month High, Weak Services Activity Dampens
China's yuan briefly touched a
one-month high against a softer dollar before giving up all the
gains by midday…
Emirates Extends Suspension Of Nigerian Flights To September 19
Travel to and from Nigeria remains suspended as there is no testing facility available at Lagos airport
Emirates…
Sylva To Launch $50m Oil Industry Research, Development Fund Protocol
The Minister of State for Petroleum Resources, Chief Timipre Sylva, will next week launch the oil and gas Research…
Ogun Unveils Business Registration Portal, Waives Backlog
As part of efforts to address challenges in business premises registration and improve the ease of doing business,…
Brent Crude Crosses $73 Per Barrel
Oil prices rose more than $1 a barrel yesterday, rebounding on optimism about the pace of global economic growth…
Analysis-Weak August U.S. Jobs Report Throws Doubt On Fed Taper
The weak U.S. jobs report for August complicates what had seemed a clear path for the Federal Reserve to begin…
Chevron Braces For Activist Challenge; Meets Engine No.1 Representatives- WSJ
Chevron Corp (CVX.N) is preparing to defend itself against a potential activist challenge and met with…
Exclusive FedEx Faces Labor Union Challenge Over Billionaire CEO’s Pay
FedEx Corp (FDX.N) shareholders should reject founder and CEO Fred Smith's $54 million pay package because the…
Increasing Spending: FG’s Three-Year Deficit Hits N15.4tn Amid Revenue Crisis
Within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of…
Stock Market Halts Losing Streak, Investors Gain N35bn
Investors in the equities market of the Nigerian Exchange Limited gained N35.44bn fueled by buyer interest in…
Vodafone UK Refarms Block of 900MHz For 4G Use; Claims Breakthrough On Energy…
British mobile network operator (MNO) Vodafone UK has announced it is undertaking a project aimed at making…
Webuild Wins €1.26bn Contract To Build Self-Driving Highways
A consortium led by Italian builder Webuild has won a €1.26bn contract to design and build two sections of…
LinkedIn Is Shutting Down Its Stories Feature To Work On Short-Form Video
Linkedin announced that that it will suspend its Stories feature on September 30 and begin working on a different…
President Buhari Finally Receives NDDC Forensic Audit Report
President Muhammadu Buhari on Thursday received the final report on the forensic audit report of the Niger Delta…
External Reserves Hit Two-Month High, as Naira Plunges Further
Nigeria’s foreign reserves have hit a two-month high, data released by the Central Bank of Nigeria (CBN) have…
VAT ‘War’ Between FIRS, States Leaves Businesses Confused
Taxpayers and business owners are scratching their heads over the authority to remit Value Added Tax (VAT), as the…
Nigeria Govt Unveils Two Aircraft For Data Collection
The Federal Government has unveiled two aircraft earmarked for Airborne Geophysical Survey activities to enhance…
Nigeria: SEC Six-Month Expenses Outstrip Revenue By N1.65bn
The Senate on Thursday, raised the alarm that the Security and Exchange Commission, was gradually becoming…
Nigeria: Senate Fear SEC May Liquidate By 2023
The Senate, yesterday, expressed apprehension that the Security and Exchange Commission (SEC) could become…
NEITI, ICPC Sign MoU To Curb Illicit Transactions
The Nigeria Extractive Industries Transparency Initiative on Thursday signed a Memorandum of Understanding with the…
Property Market on Steroids’: Asia-Pacific’s Real Estate Boom Sees Buyers Bidding…
Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the…
Discos Paid N26.81bn For Electricity In June – NBET
The Nigerian Bulk Electricity Trading Plc has revealed that market receipts remitted by Distribution Companies in…
Twitter Ban Remains, Says NCC As Nigerians Lose N220.36bn
The Twitter ban in Nigeria is still in effect according to the Director, Public Affairs, Nigerian Communications…
Naira Sinks To 530 Against Dollar, Pound Hits N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid…
European Stocks Muted As Markets Monitor Key Economic Data
European markets were fractionally lower on Friday morning as investors awaited key economic indicators out of the…
China’s Stock Trading Volume Surges Above 1 Trillion Yuan For Weeks As Other…
Chinese investors are turning to the local stock market as once-lucrative options like real estate and…
China’s Tech Giants Pour Billions Into Xi’s Vision Of ‘Common
Alibaba will invest 100 billion yuan ($15.5 billion) over the next few years into “common prosperity”…
Northern Nigerian States Limit Residents’ Movements Over Attacks
Four northern Nigerian states introduced restrictions on movement to curb attacks that have disrupted economic…