With 28 Firms Gain, Stock Market Rises Slightly
The Nigerian stock market rose slightly on Wednesday, paring some of the N340bn loss recorded on Tuesday.
The Nigerian Exchange Limited All-Share Index increased by 0.15 per cent to 38,564.7 basis points while the market capitalisation rose to...
Rise In Oil Price Continues, Inches Closer To $75pb
The price of crude oil crept higher yesterday, almost hitting the $75 per barrel mark as industry data pointed to a substantial decline in United States crude stockpiles coupled with rising fuel sales in India as...
Naira Weakens To 4-Year Low As Dollar Sells For N502/$1
Nigeria’s currency weakened to a four-year low in the parallel market after the central bank’s efforts to coax banks to sell more dollars to customers failed to bridge the widening gap between the official and...
FG Borrowed N1.3trn In Four Years To Subsidise Power Consumers - W/Bank
The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity, the World Bank has said.
The bank said...
A Rejoinder to Igbo Intellectuals on the Biafran Minister in Buhari’s Government
By Yushau A. Shuaib
Recently when I joined up with Jaafar Jaafar and Abdulaziz Abdulaziz as Northern writers in the campaign for the appointment of an Igbo military officer to the position of the...
Buhari Warns Against Delay As NLNG Train 7 $10bn Investment Begins
President Muhammadu Buhari has inaugurated the construction of the Nigeria Liquefied Natural Gas train 7 project and charged the company to ensure its timely completion.
Buhari who did the ground breaking virtually from Abuja said...
