Business

Oil prices fall over OPEC+ output hike

Oil prices dropped by more than 1% on Thursday, May 22, 2025, following a report that OPEC+ is discussing a…

1 year ago

Otedola’s investment in First Bank hits N320bn

The Chairman of First Holdco Plc, Femi Otedola, has had his investment in First Bank increased to N320 billion. Otedola…

1 year ago

Stock market investors lose N70bn

The stock market closed on a negative note on Wednesday, May 21, 2025, as performance indices dipped by 0.10 per…

1 year ago

Dangote refinery partners U.S. firm Vinmar on polypropylene export

Dangote Petroleum Refinery and Petrochemicals has announced a partnership with Premier Product Marketing, a Vinmar company, to bring Dangote polypropylene…

1 year ago

Stock market records N20bn gain

The stock market recorded a positive trend on Tuesday, May 20, 2025, after a day of bearish notes, as key…

1 year ago

CBN retains interest rate at 27.5%

The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.5 per cent. CBN Governor Olayemi…

1 year ago

Stock market records N8bn loss

The stock market began the week with a slight downturn on Monday, May 19, 2025, as key performance indicators dipped…

1 year ago

Tinubu approves license for Kolmani oil project

President Bola Tinubu has approved the issuance of all critical regulatory licences for the Kolmani Integrated Development Project, a major…

1 year ago

Kano business owners decry crippling power supply issues

Small-scale entrepreneurs and artisans in Kano State are raising the alarm over persistent electricity outages, which they say are severely…

1 year ago

Access Bank to support MSMEs, women with $100m facility

Access Bank Plc has secured a $100 million loan facility with a consortium of Development Finance Institutions (DFIs) led by…

1 year ago

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