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Jul 04, 2018
Oil extended gains to near $75 a barrel after an industry report showed U.S. inventories shrunk as global output disruptions continued to stoke concerns over supply shortfalls.   Crude in…
Jul 02, 2018
Gets new SON certification   Group of Managing Director of Dangote Cement Plc, Engr. Joseph Makoju has said that the investments of the foremost cement company and its expansion drive…
Jun 28, 2018
The bears strengthened hold on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as more bluechip stocks depreciated in price, causing market capitalisation to dip further by N9…
Nigeria and India are making moves to explore opportunities in renewable energy development as part of the international agreements signed by both countries.Indian High Commissioner, Nagabhushana Reddy, at a Business…
Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present a 30.9 trillion…
JOHANNESBURG - South African markets are pricing in the possibility of an interest rate hike this year as the rand falls, even though economists say this is unlikely as inflation…
Vienna - Russia on Saturday joined partner countries in backing an OPEC-led pledge to boost oil production in response to growing global demand, Angolan Oil Minister Diamantino Azevedo said.  …
Investors looking for a haven amid the rout in emerging markets over the past two months would have found one in Nigeria’s domestic debt.   Naira bonds issued by the…
Jun 22, 2018
As part of efforts to grow stronger economic ties between Nigeria and Germany, the delegation of German Industry and Commerce in Nigeria in collaboration with Nigeria-German Business Association and the…
Jun 22, 2018
The Nigerian National Petroleum Corporation (NNPC) has rolled over its crude for oil products contracts worth about $6 billion by six months until the end of the 2018, the Group…
In Africa's battle for the skies, an east African carrier is stepping up its game in an effort to dominate the market. The state-owned Ethiopian Airlines, Africa's largest carrier by number…
The United States’ Energy Information Administration (EIA) forecasts that Brent crude oil prices will average $71 per barrel in 2018 and $68 a barrel in 2019. Meanwhile, Nigeria’s Bonny Light…
Jun 20, 2018
Lucky Amiwero, President of National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), and the Managing Director, Eyis Resources Limited   The Federal Government has been urged to immediately…
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