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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Naira will see bright days ahead, say FDC analysts
Nigeria’s currency, which has been less volatile in recent months, is expected to appreciate against the dollar by the end
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Bitcoin soars as Powell signals Fed set to cut rates
Fed Chairman Jerome Powell’s speech at Jackson Hole on Friday reinforced the expectations of an interest rate cut in September,
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Afreximbank, two others back Oando’s NAOC purchase with $650m financing
African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition
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[BREAKING] Moody’s withdraws ratings of Nigerian lender Union Bank
Moody’s Ratings announced on Friday that it has withdrawn the ratings of Union Bank of Nigeria Plc due to insufficient
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Nigeria’s $500m domestic bond should be successful – Rewane
The domestic dollar bond launched on Monday by the Nigerian government should be successful, economic expert and CEO of Lagos-based
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