The Federal Government of Nigeria has signed a $62.8 million Memorandum of Understanding (MoU) with the…
Category: Business
NGX: Investors Gain ₦948 Billion on First Trading Day of August
The Nigerian equities market kicked off the month of August on a strong note, with investors…
Oando Energy Resources Honoured with Distinguished Corporate Award by SPE International
Oando Energy Resources has received the Distinguished Corporate Award from the Society of Petroleum Engineers (SPE)…
From FX Pain to Profit Boom: Nigerian Companies Stage Remarkable Post Devaluation Rebound
After enduring severe foreign exchange (FX) losses and skyrocketing finance costs triggered by Nigeria’s currency devaluation…
MTN Nigeria Surges to Top as Most Capitalized Stock on Nigerian Exchange
In a landmark achievement, MTN Nigeria Communications Plc has officially become the most capitalized stock on…
Ojulari Urges Bankable Energy Strategy, Shrugs Off Resignation Rumours
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has dismissed…
Wall Street Rallies: Dow Jumps 500 Points in Market Rebound
U.S. stocks rallied Monday, reversing last week’s losses as weak job data boosted hopes for a…
OANDO Posts Strong Production Growth Amid Financial Headwinds as Company Expands Footprint into Angola
Oando PLC, Nigeria’s leading indigenous energy group, has recorded a 63 percent year on year increase…
Nigeria’s Oil Output Hits 1.8m Barrels Per Day in July
Nigeria’s crude oil production exceeded 1.8 million barrels per day (bpd) in July, averaging 1.78 million…
Nigeria’s Stock Market Hits Record with 17 Billion-Dollar Companies
The Nigerian stock market has reached a major milestone, listing 17 companies valued at over US…