Union Bank of Nigeria Plc announced earlier today that it will pay a final dividend of N0.25 for every 50 kobo share held by shareholders. This...
The International Monetary Fund (IMF) has approve $500 million in grant-based debt service relief to 25 of IMF’s member countries, with Nigeria’s name conspicuously missing from...
Operators in the downstream sector have predicted further fall in the pump price of petrol if other operators towed the path of the Nigerian National Petroleum...
Oil prices slumped more than 50 cents a barrel on Monday despite historic agreement reached by OPEC and its allies, led by Russia to reduce oit...
If the current lockdowns across most parts of the world persist for another two months, Nigeria risks losing about N2.23 trillion worth of trade from its...
By Kingsley Chukwuka, Jos The Jos Electricity Distribution Company, (JEDC), has donated safety materials to the government of Plateau, Benue, Bauchi and Gombe States to halt...
Guaranty Trust Bank (GTBank) has placed a hold on its loan repayment plan for all Small and Medium Enterprises (SMEs) that have obtained credit facilities from...
Nigeria’s external debt hits a 16 year high of $27 billion in December 2019 just higher than the $20.8 billion in external debt level as at...
Nigeria is currently fighting on many fronts, battered by the sudden plunge in oil prices and the global economic slowdown resulting from the COVID-19 pandemic, as...
Oil-producing giant, Shell has declared force majeure on exports of Nigerian Forcados crude oil. The Trans Forcados pipeline exports about 240,000 barrels of crude daily. According...