By Dipo Olowookere The national scale issuer ratings of BBB+(NG)/A2(NG) have been assigned to Champion Breweries Plc by GCR Ratings. In a statement obtained by Business...
By Dipo Olowookere Sustained buying pressure, especially in the banking sector, pushed the Nigerian Exchange (NGX) Limited higher by 0.45 per cent on Wednesday. According to...
By Adedapo Adesanya The oil market fell on Wednesday as investors doubted that upcoming US-China trade talks would result in a breakthrough, with Brent crude losing...
By Adedapo Adesanya Nigeria’s average daily crude oil production declined by 64,000 barrels per day or 4.4 per cent to 1.401 million barrels per day in...
By Modupe Gbadeyanka A new report has shown the wide adoption of digital currencies in Nigeria despite efforts by the authorities to discourage the use of...
By Adedapo Adesanya ExxonMobil is planning a $1.5 billion investment in deepwater exploration and development of the Usan oilfield in Nigeria. The Nigerian Upstream Petroleum Regulatory...
By Aduragbemi Omiyale and Adedapo Adesanya Crude oil feed into the Okordia–Rumuekpe pipeline in Rivers State has been suspended by Renaissance Africa Energy Company Limited. This...
By Adedapo Adesanya Telecommunications operators in Nigeria added about 3.39 million telephone lines in the first quarter of 2025, pushing active users to 172.7 million, amounting...
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange made a 0.02 per cent marginal slide on Tuesday, May 6, leaving the NASD Unlisted Security Index...
By Adedapo Adesanya The Naira was relatively stable against the US Dollar, though it marginally appreciated by 0.01 per cent or 16 Kobo at the Nigerian...