By Olanrewaju Adesanya The Lagos State House of Assembly has tasked the Electricity Distributing Companies within the Lagos territory, to be more humane in the discharge...
Nigerian stock market key performance indicators ended Wednesday trading session in a positive territory as buy pressure in blue-chip equities lifted the Nigerian bourse higher. Bargain-hunting,...
The American headline, West Texas Intermediate (WTI) crude, went up by about 32%, selling for $16.33 per barrel by Wednesday afternoon as reports emerged that US...
The crisis in the global oil market seems to be hitting Nigeria harder, and to make matters worse, it has become more difficult to sell the...
The Nigerian bourse extended its upward momentum, as the All Share Index closed at 22,727.87 from 22,616.28 index points. Market capitalization similarly increased by 0.49% to...
The Executive Board of the International Monetary Fund (IMF) has approved Nigeria’s request for emergency financial assistance of $3.4bn, under the Rapid Financing Instrument (RFI) to...
A dollar was sold for N460 at the parallel market on Tuesday, which is over 15% spread when compared to the interbank rate of N387 to...
Nigeria’s currency has continued to depreciate at the forward market, amidst growing concerns that the Central Bank of Nigeria (CBN) might have to devalue the naira...
The Nigerian equity market recorded a modest gain on Monday amid a lower trade volume compared to last week’s session. Trade ended with a negative market...
US oil prices fell heavily on Monday and slipped below $15 a barrel on renewed storage concerns as the coronavirus throttles demand, even as producers start...