Naira extends gain as weekly forex liquidity hits $1.82bn
The naira strengthened further this week as the turnover in the official foreign exchange market rose by more than a
Read more
Latest
AIICO Insurance posts sevenfold jump in quarterly profit
AIICO Insurance Plc has reported a profit before tax of N10.08 billion for the first three months of this year,
Read more
Oando swings to profit as non-operating income surges
Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating
Read more
[OPINION] Aliko Dangote’s noble quest for Africa’s self-sufficiency and prosperity
By Abiodun Alade Africa is a resource-rich continent but relatively poor in terms of manufacturing goods. According to the 2023
Read more
Otedola’s Geregu Power partners Siemens to raise capacity by 765MW
Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy
Read more
Indonesia imported $3.8bn worth of Nigerian oil and gas in 2023 – Envoy
The Republic of Indonesia imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Usra Hendra Harahap,
Read more
Flutterwave gets in-principle nod to offer payment services in Mozambique
Flutterwave, a payment technology company headquartered in San Francisco and Nigeria, has announced it has received an approval-in-principle for its payment
Read more
FCMB doubles dividend, gets shareholders’ nod to raise N150bn
Shareholders of FCMB Group Plc have approved a 100 percent increase in dividend to 50 kobo for the 2023 financial
Read more
Nigeria’s foreign reserves surpass one-month high
After plunging to $32.1 billion in April, Nigeria’s foreign reserves have risen to the highest in more than a month.
Read more
Seplat Energy’s scholarship scheme hailed by industry trainers
Seplat Energy, a major operator in the Nigerian oil and gas industry, has been recognised by the Oil & Gas
Read more