Global oil benchmark, Brent crude, traded sharply lower on Monday, extending its declines following Britain’s vote to exit the European Union on Thursday. The dip in the oil price comes as investors were worried about global energy demand and shunned assets perceived as risky in...

...Naira settled-OTC futures begins today ...Market awaits N305b budget disbursement this week The nation’s Deposit money banks at the weekend, raised their cumulative borrowings from the Standing Lending Facility of the Central Bank of Nigeria (CBN) to the tune N420 billion at 14 per cent. The development...

...2.5b, wants culprits tried ...Senate begins review of report today The Economic and Financial Crimes Commission (EFCC) will soon embark on probe of erring oil firms in Nigeria over unremitted oil revenue to the Federal Government. To ensure that anyone found guilty of misappropriation of the country’s...

The Nigerian Stock Exchange (NSE) has facilitated the investment of N11.094 trillion in the nation’s capital market in the last 10 years, according to data obtained by THISDAY. The data showed that the investments were made in equities and bonds. It was also revealed that...

  The N44.5bn electricity debt owed by the military is weighing on the activities of power distribution firms across the country. Daily Trust findings show that the Army, the Navy and the Air Force owe a cumulative debt of N22bn between 2013 and 2016. There is also...

The All Progressives Congress, APC-led Federal Government is not focused on probing members of the party, the Secretary to the Government of the Federation, SGF, Mr. Babachir Lawal, has said. In an interview with Vanguard,he affirmed that the government would, in the light of declining revenue,...