Latest Business & Economy News
OPEC waiting for Russia before deciding how much oil to cut
OPEC has made a planned cut in oil output effectively conditional on…
Why we gave pipeline surveillance contract to Oshiomole’s friend – NNPC
The Nigerian National Petroleum Corporation (NNPC) says it couldn’t allow continued attacks…
FG won’t give sovereign guarantees to power investors, says Fashola
The Minister of Power, Works and Housing, Babatunde Fashola has declared that…
Court fixes Dec. 12 for report of settlement in MTN vs CBN $8.1bn repatriation case
A Federal High Court in Lagos on Tuesday, adjourned until Dec. 12,…
AfDB okays fresh $200m for Nigeria’s power sector
The Federal Government has secured a loan of $200 million to fund…
Trump says China has agreed to cut tariffs on U.S.-made autos
U.S. President Donald Trump said on Sunday that China had agreed to…
Shell signs gas supply agreement for Aba power project
The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners…
Fitch revises outlook on First Bank Holdings to positive; affirms at ‘B-
Fitch Ratings has revised the outlook on the Long-Term Issuer Default Ratings…
CBN steps in as naira falls to 15-month low of 371/$1
The Central Bank of Nigeria (CBN) has stepped in to save the…
Diamond Bank gets CBN approval to operate as national bank
The Central Bank of Nigeria, CBN has granted Diamond Bank Plc the…