Stock market posts N78bn loss
The Nigerian stock market resumed after the Easter public holidays on Tuesday with a loss of 0.39 per cent due…
IMF raises Nigeria’s growth forecast to 2.5%
The International Monetary Fund has raised Nigeria’s growth forecast for 2021 to 2.5 per cent from 1.5 per cent earlier…
Sparkle Launches Special Mobile App to Support SMEs in Nigeria
Nigeria’s leading mobile financial firm Sparkle, a mobile-first digital ecosystem providing financial, lifestyle and business support services to Nigerians across…
Shoprite set to exit Nigeria in 2021 – CEO
South African company, Shoprite Holdings Limited, is in the process of exiting the Nigerian market as it is on the…
New Report Reveals Regional Partnerships are Key to COVID-19 Recovery in Africa
A new report by the Africa Centres for Disease Control and Prevention (Africa CDC) and UNDP presents the key results…
Despite 13% derivation, Niger Delta grossly under-developed – CSOs
Civil Society Organizations in Rivers State, have regretted that the Niger Delta region has remained under-developed despite several interventions, including…
NNPC signs $1.5bn contract for rehabilitation of PH Refinery
The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on…
Addax Petroleum Loses Four OMLs as FG Revokes, Reassigns Lease
There are indications that the Federal Government has revoked and reassigned four Oil Mining Leases OMLs belonging to Addax Petroleum…
Global Reinsurers Count Massive Losses from Suez Canal’s Mishap
Leading reinsurance companies across the world are counting heavy losses from the Suez Canal blockade by…
NNPC Woos Power Sector Investors to Six IPP Joint Ventures
The Nigerian National Petroleum Corporation, NNPC has made known its plans to make six of its Independent Power Plant Joint…