The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria and other countries may incur more debts in the coming year, according to an online report. The organisation raised concern about rising debts in nations of the world, particularly…
Italian energy major Eni announced a major oil and gas discovery offshore Ivory Coast, in a block it operates with Petroci Holding. The potential of the discovery has been preliminarily estimated at between 1.5 and 2.0 billion barrels of oil…
Militias mobilised overnight in the Libyan Capital, Tripoli, as tensions rise amid the take-over of the National Oil Company (NOC) and the alleged lifting of force majeure at all oilfield and export terminals. On Sunday, the new Chairman of the…
Economic realities in Nigeria have posed their blows of unfriendly woes in recent times. The impacts at the local level have been so strong with turbulence, making conditions of living unbearable for many. The plight of the larger masses, recently,…
The Executive Commissioner, Securities and Exchange Commission (SEC), Dayo Obisan has said that Nigeria is leading amongst countries making the rules and regulating the digital asset space in Africa. He said this during the Nairametrics Economic Outlook webinar on the theme:…
By Philemon Adedeji Unilever Nigeria Plc has released its unaudited financial statement for the half year H1 ended 30th June 2022, reporting growth of Profit After Tax (PAT) to a 167 per cent to N1.906 billion achieved in the half…
The equities market kicked off the trading week with positive sentiments, following investors’ buying interests, making investors to gain N57 billion on Monday. Also, the market capitalisation stood at N28.214 trillion compared to N28.157 trillion posted at the last trading…
…Commemorates International Nelson Mandela Day MTN Nigeria Communications Plc has resumed its flagship staff volunteer programme, Y’ello Care, with interventions themed ‘Empowering Communities to Drive Economic Recovery’. This campaign aims to upskill local communities with digital skills training and development,…
By Seun Ibiyemi There is palpable fear over the present state of airlines as Nigeria’s oldest airline Aero Contractors has announced a suspension of its scheduled passenger services operations with effect from this Wednesday, July 20, 2022 till further notice…
By Olaseinde Gbenga President Muhammadu Buhari has attributed the success recorded by his administration for the agriculture sector is understanding of the country and its people. A statement by his Spokesman Malam Garba Shehu, revealed that the President disclosed this…
