NDDC Urges IOCs to Pay over $700m Outstanding Debt
NDDC Urges IOCs to Pay over $700m Outstanding Debt The Niger Delta Development Commission (NDDC) has appealed to International Oil Companies (IOCs) to pay up the whopping sum of 700…
NCC: A Digital Enabler of the Renewed Hope Agenda
NCC: A Digital Enabler of the Renewed Hope Agenda In Nigeria, a young tech-savvy and upwardly mobile population is teeming, and exploring derivable benefits of digital technologies. They are propelled…
ExxonMobil Signs $1.28bn Asset Divestment Deal in Nigeria
ExxonMobil Signs $1.28bn Asset Divestment Deal in Nigeria EXXONMOBIL: The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of…
Naira Disappoints, Loses 11.7% Despite FX Market Intervention
Naira Disappoints, Loses 11.7% Despite FX Market Intervention The Nigerian naira ended today downbeat, losing about 12% day on day despite forex market intervention. Despite FX sales to local banks,…
Equities Investors Wealth Rises by N259bn to N56.2 Trillion
Equities Investors Wealth Rises by N259bn to N56.2 Trillion Equities investors wealth rose by over N259 billion to about N56.2 trillion on Thursday in the stock market. The gain drove…
Oil Dips over Weak Demand, US Dollar Strength
Oil Dips over Weak Demand, US Dollar Strength Oil prices declined on Thursday amid ongoing uncertainties over the timing of the US Federal Reserve’s (Fed) interest rate cut, which fuelled…
Nigeria’s Growth Rate Projected to Increase to 4.4% in 2025- AfDB
Nigeria’s Growth Rate Projected to Increase to 4.4% in 2025- AfDB Growth rate of Nigeria and other West African countries is projected to rise from an estimated 3.6 per cent…
BUA Cement Paused after Underwhelming Earnings in Q1
BUA Cement Paused after Underwhelming Earnings in Q1 BUA Cement Plc has continued to trade flattish in May after underwhelming earnings performance in the first quarter of 2024. The cement…
FG Seeks Public-Private Sector Synergy to Achieve 70% Digitalisation
FG Seeks Public-Private Sector Synergy to Achieve 70% Digitalisation The Federal Government says that it expects collaboration within the public and private sectors to achieve 70 per cent digitalisation in…
UBA, Access, FBNH Drive Intraday Gain on NGX
UBA, Access, FBNH Drive Intraday Gain on NGX Equities investors are currently taking position on some banking names on the Nigerian Exchange (NGX) amidst fresh rallies that started this week.…