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Monday, May 25, 2020

We Deregulated Downstream Oil Sector In March – Minister

We Deregulated Downstream Oil Sector In March - Minister   The Minister of State for Petroleum Resources, Chief Timipre Sylva said the downstream oil sector was...

Nigerians To Start Renting Cooking Gas Cylinders, Says FG

Nigerians To Start Renting Cooking Gas Cylinders, Says FG   The Federal Government on Thursday announced that it was creating micro-distribution centres where users of cooking...

Oil Records Second Monthly Drop, Unsold Cargoes Increase

Oil Records Second Monthly Drop, Unsold Cargoes Increase   Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive month...

COVID-19: UK Announces £1.6bn Bailout For London’s Transport System

COVID-19: UK Announces £1.6bn Bailout For London’s Transport System   The British government will pump £1.6 billion into London’s public transport system to restore services and...

Investors Gain N84bn As Equities Market Rebounds

Investors Gain N84bn As Equities Market Rebounds   Investors gained N84.9 billion at the close of trading on domestic equities market yesterday with the capitalisation rising...

Stock Market Ends Downtrend As Unilever, 19 Others Gain

Stock Market Ends Downtrend As Unilever, 19 Others Gain   Transaction activities on the Nigerian equity market on Wednesday halted the three-day negative sentiment following gains...

Airtel Nigeria Records $1.37bn Revenue, 41.8m Subscribers

Airtel Nigeria Records $1.37bn Revenue, 41.8m Subscribers     Airtel Nigeria reported a revenue growth of 24.1 per cent to $1.37bn in the year ended March 31,...

NLNG Awards Train 7 Construction, Engineering Contracts

NLNG Awards Train 7 Construction, Engineering Contracts   The Nigerian LNG Limited has awarded the engineering, procurement and construction contracts for its Train 7 project to...

Qatar Airways To Give Out 100,000 Free Tickets

Qatar Airways To Give Out 100,000 Free Tickets   Qatar Airways has said it will give away 100,000 free tickets to the front-line healthcare professionals to...

Analysts Forecast Higher Inflation Rates

Analysts Forecast Higher Inflation Rates     Economists and development analysts at the Centre for the Study of Economies in Africa (CSEA) have projected that the nation’s...

Farmers To Access 81,000mt Certified Seed Against Planting Season

Farmers To Access 81,000mt Certified Seed Against Planting Season     Amidst the glooming effects of the COVID-19 pandemic on Nigeria’s food production, the National Agricultural Seed...

COVID-19: DBN Urges MSMEs to Reinvent Business Model for Sustainability and Growth

COVID-19: DBN Urges MSMEs to Reinvent Business Model for Sustainability and Growth In the light of prevalent economic realities of COVID-19 on businesses across the...

NNPC Dismisses 100 Contract Workers

NNPC Dismisses 100 Contract Workers   The services of over 100 workers contracted by selected contractors of the Nigerian National Petroleum Corporation to work at refineries...

OPEC+ Wants To Maintain Output Cuts Beyond June

OPEC+ Wants To Maintain Output Cuts Beyond June     The Organisation of Petroleum Exporting Countries and its allies want to maintain existing oil cuts beyond June...

Stock Market Extends Loss By N133bn

Stock Market Extends Loss By N133bn   The Nigerian equity market on Tuesday sustained its negative sentiment to three consecutive trading sessions as investors continued to...

NLNG To Commence Domestic Supply Of LNG

NLNG To Commence Domestic Supply Of LNG   After decades of exporting liquefied natural gas from the country, the Nigeria LNG Limited has said it is...

Petrol price: FG Setting Us Against Nigerians – Marketers

Petrol price: FG Setting Us Against Nigerians - Marketers   By reducing the ex-depot price of petrol without announcing a new price band for the commodity...

Analysts Predict Bright Outlook For Nigeria’s Oil Earnings

Analysts Predict Bright Outlook For Nigeria’s Oil Earnings     Despite Federal Government’s substantial cut of the oil price benchmark to $20 per barrel a few days...
NNPC Towers

NNPC Records ₦211.62bn from Petroleum Products Sales in February

NNPC Records ₦211.62bn from Petroleum Products Sales in February The Nigerian National Petroleum Corporation (NNPC) has announced that its Downstream subsidiary Company in charge of...
Naira Dollar

Dollar Sells For N445 As Forex Scarcity Persists

Dollar Sells For N445 As Forex Scarcity Persists   The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity...
Live Covid-19
United States 1,686,436
Cases: 1,686,436
Deaths: 99,300
Recovered: 451,702
Active: 1,135,434
Brazil 365,213
Cases: 365,213
Deaths: 22,746
Recovered: 149,911
Active: 192,556
Russia 344,481
Cases: 344,481
Deaths: 3,541
Recovered: 113,299
Active: 227,641
Spain 282,852
Cases: 282,852
Deaths: 28,752
Recovered: 196,958
Active: 57,142
United Kingdom 259,559
Cases: 259,559
Deaths: 36,793
Recovered:
Active: 222,766
Italy 229,858
Cases: 229,858
Deaths: 32,785
Recovered: 140,479
Active: 56,594
France 182,584
Cases: 182,584
Deaths: 28,367
Recovered: 64,617
Active: 89,600
Germany 180,328
Cases: 180,328
Deaths: 8,371
Recovered: 160,300
Active: 11,657
Turkey 156,827
Cases: 156,827
Deaths: 4,340
Recovered: 118,694
Active: 33,793
India 138,917
Cases: 138,917
Deaths: 4,024
Recovered: 57,721
Active: 77,172
Iran 135,701
Cases: 135,701
Deaths: 7,417
Recovered: 105,801
Active: 22,483
Peru 119,959
Cases: 119,959
Deaths: 3,456
Recovered: 49,795
Active: 66,708
Canada 84,699
Cases: 84,699
Deaths: 6,424
Recovered: 43,985
Active: 34,290
China 82,985
Cases: 82,985
Deaths: 4,634
Recovered: 78,268
Active: 83
Saudi Arabia 72,560
Cases: 72,560
Deaths: 390
Recovered: 43,520
Active: 28,650
Chile 69,102
Cases: 69,102
Deaths: 718
Recovered: 28,148
Active: 40,236
Mexico 68,620
Cases: 68,620
Deaths: 7,394
Recovered: 47,424
Active: 13,802
Belgium 57,092
Cases: 57,092
Deaths: 9,280
Recovered: 15,272
Active: 32,540
Pakistan 56,349
Cases: 56,349
Deaths: 1,167
Recovered: 17,482
Active: 37,700
Netherlands 45,236
Cases: 45,236
Deaths: 5,822
Recovered:
Active: 39,414
Qatar 43,714
Cases: 43,714
Deaths: 23
Recovered: 9,170
Active: 34,521
Ecuador 36,756
Cases: 36,756
Deaths: 3,108
Recovered: 3,560
Active: 30,088
Belarus 36,198
Cases: 36,198
Deaths: 199
Recovered: 14,155
Active: 21,844
Bangladesh 33,610
Cases: 33,610
Deaths: 480
Recovered: 6,901
Active: 26,229
Sweden 33,459
Cases: 33,459
Deaths: 3,998
Recovered: 4,971
Active: 24,490
Singapore 31,616
Cases: 31,616
Deaths: 23
Recovered: 14,876
Active: 16,717
Switzerland 30,736
Cases: 30,736
Deaths: 1,906
Recovered: 28,100
Active: 730
Portugal 30,623
Cases: 30,623
Deaths: 1,316
Recovered: 17,549
Active: 11,758
United Arab Emirates 29,485
Cases: 29,485
Deaths: 245
Recovered: 15,056
Active: 14,184
Ireland 24,639
Cases: 24,639
Deaths: 1,608
Recovered: 21,060
Active: 1,971