The eight members of the OPEC+ group agreed to raise oil production by 137,000 barrels per day (bpd) in December, while pausing further increases from January...
Nigeria’s sovereign Eurobonds yields fell at the international market ahead of the expiration of a $1.12 billion US dollar-denominated borrowing note issued in 2018. Reflecting positive...
Oil prices increased on Monday after the Organisation of Petroleum Exporting Countries and allies’ members (OPEC+) moved to avoid creating a supply glut in the global...
Money market rates declined as a result of surplus liquidity in the financial system. The interbank market has been flooded with excess liquidity, and local deposit...
LECON Finance Company Limited, a Central Bank of Nigeria (CBN)-licensed finance company, says it has disbursed over N30 billion in leases to businesses nationwide. This achievement...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on investors to explore the northern region of the country for investments in energy growth....
• Group calls for urgent infrastructure rehabilitation The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has described the 650, 000 barrels per day Dangote...
Access Holdings Plc expanded its total asset base to N42.45 trillion in the first half, sustaining its lead as Nigeria’s largest bank by assets. Key extracts...
• Downstream stabilising after subsidy removal, says Lokpobiri The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday said a $540 billion annual investment...
· Commends Tinubu’s reforms, projects $55bn annual revenue · Plans NGX listing to empower Nigerians President of Dangote Industries Limited, Aliko Dangote, has explained that the...
