By Adedapo Adesanya The Naira appreciated against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Thursday, November 6, reversing the loss from...
By Adedapo Adesanya Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the world’s...
By Adedapo Adesanya The chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has expressed delight over the impending increase in oil...
By Adedapo Adesanya The Nigerian government, through its Investment in Digital and Creative Enterprises (iDICE) programme, has made its first investment in a venture capital fund....
By Adedapo Adesanya Nigeria has lost $300 billion to oil theft, according to a Senate committee investigating oil theft losses. The Senate ad hoc committee investigating...
By Adedapo Adesanya The $2.25 billion Eurobond issued by Nigeria saw a 470 per cent oversubscription, signaling deep investor confidence in the Nigerian economy. The dual-tranche...
By Adedapo Adesanya The management of the Nigerian Ports Authority (NPA) has announced plans to begin strict enforcement and aggressive towing of any truck found parking...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange fell by 0.71 per cent on Wednesday, November 5, after the price of Central Securities Clearing Systems...
By Adedapo Adesanya Foreign exchange (FX) demand pressure weakened the value of the Naira against the United States Dollar by 0.25 per cent or N3.64 in...
By Adedapo Adesanya The prices of the major crude oil grades fell by over 1 per cent on Wednesday as concerns of a possible global glut...