Oil investors wrestle 20 agencies in dollar-starved Nigeria
Akudo Abengowe Nigeria’s vast oil reserves, estimated at 37 billion barrels, the largest in sub-Saharan Africa, should...
Investment
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...
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...
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...
CBN sells most dollars in one month as liquidity fades
$575m sold in May exceeds March & April combined …Oil companies to resume dollar sales...
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...
Ghana is now richer than Nigeria under Tinubu – renowned economist says
Following the first anniversary of Nigeria’s current administration led by President Bola Tinubu, some of...
ExxonMobil downsizes Nigerian operations, shifts to smaller office facility
ExxonMobil is downsizing its operations in Nigeria, Africa’s largest oil-producing country. The oil giant is...
Naira falls further as dollar sales drop by 30.05%
The naira on Thursday weakened further at the official foreign exchange (FX) market, following a...
Nigeria’s Dangote refinery plans London and Lagos listings
Nigeria’s Dangote refinery is aiming for a dual listing on the London and Lagos bourses,...