Saudi Aramco To Prioritise Energy Supply To China For 50 Years, Says CEO
Saudi Aramco will ensure China’s energy security remains its highest priority for the next 50 years and beyond as…
Oil Falls As European Lockdowns Douse Recovery Hopes
Oil prices resumed their decline on Monday, falling around 1% as worries about a drop in demand for fuel products…
Forex Scarcity Hampering Airlines’ Operations, Says Onyema
Air Peace has said that it placed a firm order of Boeing 737 Max, which recently was recertified to…
Richmond Fed’s Barkin: U.S. May Be ‘On The Brink’ Of Complete…
The U.S. economy may be “on the brink of completing the recovery” from the recession triggered by the coronavirus…
POS Merchants Urge CBN To Change Charge-Back Policy
POS merchants operating in Nigeria has called on the Central Bank of Nigeria (CBN) to change its policy on…
US-Nigeria Investment Summit To Hold In New York
The US-Nigeria Investments Summit has announced it will hold a global trade and investment event for 2021 in…
Automobile Retail Experts Speak On Import Policies
While the Nigerian automobile industry has registered negligible growth in the recent years, due to many factors…
Canadian Pacific To Buy Kansas City Southern In $25 Billion Railway Bet On Trade
Canadian Pacific Railway Ltd agreed on Sunday to acquire Kansas City Southern in a $25 billion cash-and-stock deal…
External Reserves Loses $52m In 16 Days
Nigeria’s external reserves has shrunk by $522,525,964 in 16 days.
According to recent figures on the Central…
Blackstone Proposal Values Australian Casino Operator Crown At $6.2 Billion
Buyout giant Blackstone Group Inc made a $5.6 billion play for the shares of Australia’s Crown Resorts Ltd it does…
Japan Car Makers Scramble To Assess Impact Of Renesas Auto Chip-Plant Fire
Toyota, Nissan, Honda and other Japanese automakers scrambled on Monday to assess the production impact of a fire…
Wall Street’s Year Of Bust And Boom
Wall Street giddyness in recent weeks stands in stark contrast to the pandemic panic of one year ago.
U.S. stocks…
FG: Nigeria’s Excess Crude Account Balance Stands At $72.4m
Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday disclosed that the nation’s excess…
UK Partners Nigeria To Enhance Digital Access
The Federal Ministry of Communications and Digital Economy and the Nigerian Communications Commission (NCC) in…
Pantami, Danbatta Seek Increased Collaboration Among ECOWAS States On ICT
Nigerian government has called for increased regional collaboration for the development of the Information and…
External Reserves Drop By $523m In Two Weeks
Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from…
Experts Seek Regulation Of Cryptocurrencies In Nigeria
Some economic experts have urged the Central Bank of Nigeria (CBN) to seek measures to regulate cryptocurrency…
N6.98 USSD Flat Rate Will Stabilise Payment System, Says CBN
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD)…
Analysts List Measures To Curtail Inflation
Analysts yesterday advised the federal government to work in tandem with the monetary authorities to address…
Nigeria: Abuja Doctors Threaten Strike Over Unpaid Salaries, Entitlements
Medical doctors in Abuja under the umbrella of Association of Resident Doctors (ARD) have threatened to embark on…
EU Declares AstraZeneca Vaccine Safe, Effective, As NGF Backs Its Continuous Use
THE European Medicines Agency, EMA, which is the European Union’s most authoritative regulator of medicinal…
TELECOMS: Voice Call Subscribers Drop, Internet Users Rise In Q4’20
The National Bureau of Statistics (NBS) yesterday said the number of subscribers for voice calls fell marginally…
CBN To Sell N570bn Treasury Bills By Q2’21
The Central Bank of Ni Nigeria, CBN, said it will sell N570 billion worth of Treasury Bills (TBs) in the second…
FG Urged To Establish National Fleet To Harness $19trn Global Trade
Stakeholders in the Nigerian maritime industry have called on the federal government to reactivate its plans to…
After $25b On Maintenance, FEC Approves New $1.5b For PH Refinery
The Federal Executive Council (FEC), presided over by President Muhammadu Buhari yesterday, approved the sum of…
DMO Lists N162.56bn Sukuk Bond On NSE
The Debt Management Office said on Thursday that it listed its third sovereign Sukuk, N162.557bn seven-year 11.200…
Stock Market Bearish Again, Indices Down By 0.04%
Negative sentiments resurfaced on the Nigerian Stock Exchange on Wednesday with the key indicators dropping by 0.04…
Capital Group Becomes Second-Biggest Investor In ABB
U.S.-based investment manager Capital Group has increased its stake in ABB to 5.05%, a regulatory filing showed on…
Federal Government Discovers Gold Deposit Along Abuja-Nasarawa Border
Adegbite paid Abdullahi Sule, the Nasarawa state governor, a courtesy visit in Abuja on Wednesday.
The minister…
Alleged $2.5bn Arms Scandal: Stop Peddling Fictional Tales, APC Tells PDP
The All Progressives Congress, APC, has urged the Peoples Democratic Party (PDP) to wake up to its responsibility…