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Economics FEATURED Latest TOP STORIES 

Nigeria’s inflation crisis will be prolonged: Capital Economics

June 15, 2024June 15, 2024 Markets Reporters 0 Comments Capital Economics, Food prices in Nigeria, Nigeria inflation

The inflation rate in Nigeria that is at its highest in nearly 30 years will stay elevated for long, analysts

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Energy FEATURED Latest TOP STORIES 

Nigeria’s mining law, fiscal incentives need rejig, says KPMG

June 15, 2024June 15, 2024 Markets Reporters 0 Comments KPMG Nigeria, Nigeria mining sector, Nigerian Minerals and Mining Act

There is an urgent need to revise the Nigerian Minerals and Mining Act (NMMA) and harmonise the fiscal incentives in

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Economics FEATURED Latest TOP STORIES 

Nigeria’s May inflation seen defying CBN rate hike

June 15, 2024June 15, 2024 Markets Reporters 0 Comments CBN rate hike, Financial Derivatives Company, Inflation rate in Nigeria

The inflation rate for last month is expected to be higher than 33.69 percent despite the further increase in the

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Energy FEATURED Latest TOP STORIES 

Caverton Offshore Support Group posts wider annual loss

June 15, 2024June 15, 2024 Markets Reporters 0 Comments Caverton Offshore Support Group

Caverton Offshore Support Group saw its after-tax loss more than double in 2023 compared to the previous year despite an

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Energy FEATURED Latest TOP STORIES 

Seplat Energy eyes ‘swift completion’ of ExxonMobil subsidiary acquisition

June 14, 2024June 14, 2024 Markets Reporters 0 Comments ExxonMobil, Mobil Producing Nigeria Unlimited, Seplat Energy

With the removal of the legal hurdle that caused a tw0-year delay, Seplat Energy is expecting a swift completion of

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Energy FEATURED Latest TOP STORIES 

NNPC wants special court in fight against oil theft

June 13, 2024June 13, 2024 Markets Reporters 0 Comments Mele Kyari, NNPC, oil theft in Nigeria

Mele Kyari, group chief executive officer of the Nigerian National Petroleum Company Limited, has called for the support of the

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Energy FEATURED Latest TOP STORIES 

NNPC woos Lagos residents as CNG station begins operations

June 13, 2024June 13, 2024 Markets Reporters 0 Comments Lagos CNG station, NNPC CNG station

The Nigerian National Petroleum Company Limited (NNPC) has urged Lagos residents to patronise its newly-inaugurated compressed natural gas (CNG) station.

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FEATURED Latest Money TOP STORIES 

Naira’s best performance in April ‘a charade’, says Rewane

June 13, 2024June 13, 2024 Markets Reporters 0 Comments Bismarck Rewane, Naira against dollar, Olayemi Cardoso

Bismarck Rewane, an economic expert and managing director of Financial Derivatives Company Limited, has said the rally in the naira

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FEATURED Latest Money TOP STORIES 

Nigeria’s $3.8bn Islamic finance industry holds huge growth potential: Fitch

June 12, 2024June 12, 2024 Markets Reporters 0 Comments Fitch Ratings, Nigeria islamic finance industry, Sukuk market

The Islamic finance industry in Nigeria has significant potential for growth and is expected to continue to expand over 2024–2025,

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Economics FEATURED Latest TOP STORIES 

Diageo set to exit Guinness Nigeria, signs deal with Tolaram

June 11, 2024June 11, 2024 Markets Reporters 0 Comments Diageo, Guinness Nigeria, Tolaram

Tolaram, a holding company headquartered in Singapore, signed an agreement on Tuesday to acquire Diageo’s 58.02% shareholding in Guinness Nigeria.

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