The Senate yesterday described the privatisation of the power sector in Nigeria as a total failure, chiding power sector operators, including Generation...
EQUITIES The local bourse ended today’s session on a bearish note, as profit-taking activities in WAPCO (-2.1%), ARADEL (-1.5%), and ZENITHBANK (-1.7%)...
Oil prices were mostly stable on Thursday ahead of an OPEC+ meeting later in the day, with investors waiting to see what...
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, yesterday argued that the derivation formula in the...
Vice President Kashim Shettima has warned that Nigeria’s vision of building a $1 trillion economy by 2030 will remain an illusion except...
The Minister of States for Petroleum Resources (Oil), Heineken Lokpobiri, says the Federal Government has nothing to lose even as international oil companies...
As global funding shifts away from fossil fuels, Afreximbank has committed to backing investors with capacity to produce 10,000 barrels of oil...
The Nigerian Senate has passed the Investments and Securities Bill (ISB) 2024, a legislative framework aimed at enhancing the regulation of the...
Asian equities traded in a narrow range while the region’s currencies stayed relatively calm, as traders digested the effects of the political...
The federal government says the current gas production in Nigeria is expected to increase by almost 4 billion cubic feet per day...