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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months 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…

10 months ago

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