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Author: Markets Reporters

Energy FEATURED Latest TOP STORIES 

Savannah Energy moves to acquire ExxonMobil’s assets in Chad, Cameroon

June 3, 2021June 3, 2021 Markets Reporters 0 Comments ExxonMobil, Savannah Energy

Savannah Energy Plc, an African-focused British independent energy company with projects in Nigeria and Niger, has announced that it is

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Economics FEATURED Latest TOP STORIES 

Afreximbank begins medical centre project in Nigeria

June 3, 2021June 3, 2021 Markets Reporters 0 Comments Afreximbank, African Medical Centre of Excellence

The African Export-Import Bank has announced the commencement of its African Medical Centre of Excellence project in Abuja, Nigeria. Afreximbank

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FEATURED Latest Money TOP STORIES 

Naira falls to 498 against dollar as forex reserves dip

June 3, 2021June 3, 2021 Markets Reporters 0 Comments CBN, naira, naira devaluation

The Nigerian currency has weakened further against the dollar at the parallel market, moving closer to 500/$1. The naira exchange

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FEATURED Latest Stocks TOP STORIES 

FMDQ Exchange admits Union Bank’s commercial papers

June 2, 2021June 2, 2021 Markets Reporters 0 Comments Commercial paper, FMDQ Exchange, Union Bank of Nigeria

FMDQ Securities Exchange Limited announced on Wednesday that it had approved the quotation of the Union Bank of Nigeria Plc

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Economics FEATURED Latest TOP STORIES 

Nigeria’s forex reserves shed $650m in April, CBN data show

June 2, 2021June 2, 2021 Markets Reporters 0 Comments CBN, Forex reserves in Nigeria

Nigeria’s foreign exchange reserves declined by $650 million last month, according to data from the Central Bank of Nigeria. Markets

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FEATURED Latest Stocks TOP STORIES 

Conoil posts 27% drop in annual profit

June 1, 2021June 1, 2021 Markets Reporters 0 Comments Conoil

Conoil Plc, a major player in the Nigerian downstream oil sector, has reported a profit of N1.44 billion for the

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FEATURED Latest Stocks TOP STORIES 

Fidson Healthcare enters debt market with N4.5bn CP on FMDQ Exchange

June 1, 2021June 1, 2021 Markets Reporters 0 Comments Fidson Healthcare, FMDQ Exchange, Nigerian debt capital market

FMDQ Securities Exchange Limited says it has approved the quotation of the Fidson Healthcare Plc N4.50 billion Series 1 Commercial

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Energy FEATURED Latest TOP STORIES 

Why we want to acquire stakes in private refineries – NNPC

June 1, 2021June 1, 2021 Markets Reporters 0 Comments Dangote refinery, NNPC

The Nigerian National Petroleum Corporation has said it is currently considering equity participation in a number of private refineries in

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FEATURED Latest Stocks TOP STORIES 

Honeywell Flour Mills posts 73% profit increase

May 28, 2021May 28, 2021 Markets Reporters 0 Comments Honeywell Flour Mill

Honeywell Flour Mills Plc has reported a profit after tax of N1.13 billion for the financial year 2020, compared to

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Energy FEATURED Latest TOP STORIES 

Total renamed TotalEnergies, eyes $60bn renewable projects by 2030

May 28, 2021May 28, 2021 Markets Reporters 0 Comments Patrick Pouyanné, TotalEnergies

French oil giant Total has been renamed TotalEnergies as it seeks to finance $60bn renewable projects over the next 10

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