During a training program for Energy Editors hosted by the Dangote Group, Edwin revealed that International Oil Companies (IOCs) are hindering the refinery’s attempts to procure local crude oil by
Read MoreAfrica needs to be competitive and efficient in its area of strength, according to Mustafa Chike-Obi, the Chairman of Fidelity Bank, who spoke with CNBC Africa’s Kenneth Igbomor on the
Read MoreNigerians are spending more but getting less value as inflation wiped at least N7.61 trillion off consumers in 2023. According to new data by the National Bureau of Statistics (NBS),
Read MoreElectric vehicle (EV) sales are experiencing booms in some of the biggest buyers of Nigerian crude oil, threatening the country’s earnings from petroleum and its ancillary products. France, Spain, India
Read MoreLagos, Nigeria—Union Bank, one of Nigeria’s foremost financial institutions, has reemphasised the need to preserve and restore the global habitat through sustainable environmental practices. This clarion call was made during
Read MoreFidelity Bank was by far the most traded stock in the NGX on Monday, 10 June 2024, with a turnover volume of about 605.257 million shares, even as the stock
Read MoreThe NBS said that the value of Nigeria’s total imports stood at N12.643 billion in the first quarter of the year, representing an increase of 39.65% compared to the value
Read MoreA review of budget performance reports of states shows that the governments are heavily relying on domestic sources for their loan needs. ASaharaReporters review of financial statements of banks has
Read MoreThe Nigerian currency, the naira, slumped slightly against the American dollar on Friday June 7, 2024 to trade at N1,483/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has
Read MoreThe International Monetary Fund (IMF) has projected Nigeria’s economy to rise to at least $1.85 trillion in terms of Purchasing Power Parity (PPP) by 2029. PPP is a metric used
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