FG’s $500m domestic bond believed to be 100% oversubscribed: Rewane
The federal government is believed to have secured $1 billion for the $500m dollar bond issued locally last month, the
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Author: Markets Reporters
Meet the people behind the consortium buying FBN Holdings’ merchant bank
FBN Holdings, the parent company of First Bank of Nigeria, has agreed to sell its 100% equity stake in FBNQuest
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NNPC says Dangote refinery free to sell petrol to any marketers
The Nigerian National Petroleum Company Limited has said the Dangote Refinery is free to sell petrol to other marketers. The
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Petrol prices will ‘regulate naturally’, says oil minister
Heineken Lokpobiri, minister of state for petroleum resources (oil), has said the federal government is not fixing petrol prices as
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50% petrol price hike piles more pressure on manufacturers — MAN
The Manufacturers Association of Nigeria has expressed worry over the 50% increase in the pump prices of petrol at a
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No end in sight to fuel scarcity as NNPC admits financial strain
Amid a shortage of petrol that has lasted for several weeks on end, the Nigerian National Petroleum Company Limited has
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Nigeria’s Q2 GDP data expected to show faster growth
Nigeria’s economy, once Africa’s biggest, grew at a faster pace in the second quarter of the year, analysts at London-based
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OPEC+, oil giants face risk of falling prices
The Organization of the Petroleum Exporting Countries, its allies and major energy companies face a risk of falling crude prices
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Naira slides as weekly dollar liquidity extends decline
The naira closed weaker last week as dollar liquidity in the official market declined by 10.29 percent, according to data
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South Africa marks five months of uninterrupted electricity supply
South Africa has gone 150 consecutive days without any planned power outages, Eskom Holdings SOC Ltd. said Saturday. This milestone
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