Oil investors wrestle 20 agencies in dollar-starved Nigeria

Nigeria’s vast oil reserves, estimated at 37 billion barrels, the largest in sub-Saharan Africa, should be a magnet for petrodollar investors in the oil...

Uganda National Oil Company makes major move to chokehold the market

Uganda National Oil Company (UNOC) has inked agreements with major oil marketers in response to an apparent threat to its fuel supply monopoly. The...

Tinubu committed to higher minimum wage than N60,000 – SGF

..As FG, Labour agree to continue negotiations The federal government and the organised labour on Monday night agreed to continue current negotiations for new national...

Kenya’s fortune to change dramatically – Kenyan CS suggests

Kenyan Public Service Cabinet Secretary, Moses Kuria is optimistic about Kenya’s economic future. He notes that Kenya’s fortune is set to change on the...

CBN sells most dollars in one month as liquidity fades

$575m sold in May exceeds March & April combined …Oil companies to resume dollar sales to banks The Central Bank of Nigeria (CBN) recorded its highest...

How a N44bn fraud is causing ripples at First Bank, help sought from Police

Nigeria’s oldest financial institution, First Bank recently named a risk guru as Chief Executive Officer and now it is becoming clearer why the banking...
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