Sub-Saharan Africa, especially its largest oil producers Nigeria and Angola, will struggle to raise oil output through the middle of this decade, as international majors are shifting their investment priorities, data and analytics company GlobalData said on Friday. Lack of…
Key matters of national interest are core subjects which do demand critical attention. Such subjects as security, are matters requiring the corroboration of hands to ensure a peaceful and safe atmosphere for appreciable cohabitation. The circumstances that insecurity pose is…
By Kayode Tokede The Nigerian stock market closed transactions for the first day in the new week yesterday on a negative note, as market capitalisation dropped by N127billion. In summary, the All-Share Index (ASI) declined by 0.63 per cent or…
By Kayode Tokede The Securities and Exchange Commission (SEC) is set to hold the Second Capital Market Committee (CMC) meeting in 2021 from this week. The meeting is scheduled to hold virtually through Zoom with key stakeholders in the capital…
By Kayode Tokede Despite the prevailing difficult macro-economic environment, Sterling Bank Plc, a full service national commercial bank has reported a profit after tax (PAT) of N5.691 billion on gross earnings of N68.609 billion for the half year ended June…
By Kayode Tokede Northern Nigeria Flour Mills Plc has announced that it will pay an interim dividend of 15 kobo per ordinary share to its shareholders. The payment which is subject to appropriate withholding tax and approval will be paid…
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria can only reduce poverty if the country train and empower the women. She stated this when the Director-General of the National Centre for Women Development,…
Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona has charged the Federal Government to value and utilise its assets to generate more revenue for the country and increase foreign exchange inflows. Almona in a statement said the…
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says promoting digital transformation in the nation’s oil and gas industry will boost profitability and efficiency. Sylva stated this while delivering the graduation lecture at the National Defence College Course…
The Vice President, Federal Republic of Nigeria, Prof. Yemi Osinbajo, at the weekend, said small scale business operators will be the major beneficiaries of a $500m support fund from the African Development Bank. Osinbajo stated this while speaking at the…
