Profit-taking in BUA Foods and 20 other stocks extended the bearish run in Nigeria’s equities market on Tuesday. The All-Share Index fell by 146.15 per cent…
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Local authorities in River State, South-South Nigeria have launched a crackdown against illegal oil refineries, in an attempt to halt the illegal refining of stolen crude.…
An Sharon Ikeazor, the Minister of Environment in Nigeria, said there were roughly 50,000 to 60,000 barrels of crude oil in the tanker that exploded off…
Nigerian stocks returned to positive territory on Thursday as capitalisation increased by N215 billion. The market capitalisation, which opened at N25.289 trillion, edged up by N215…
No fewer than 96 financiers of terrorism had been found in Nigeria with 424 associates and about 123 companies and 33 exchange bureaux following analysis by…
Nigerian government on Thursday announced that the Nigeria Financial Intelligence Unit has identified about N8trn in unpaid Value Added Tax (VAT) and Withholding Tax. Nigeria’s Minister…
An Ikemefuna Okafor, chief executive of Nigeria’s Shebah Exploration & Production Company, said an explosion rocked the oil production vessel with 10 crew members on board…
The Nigerian minister of transportation, Rotimi Amaechi, announced on Wednesday that Nigeria has approached Standard Chartered Bank for funding of two rail projects delayed by Chinese…
Shell has delayed expansion work at its Nigerian offshore Bonga field by two years, dealing a major blow to the West African nation’s quest to expand…
A basket of 13 crude oil samples compiled by the Organization of Petroleum Exporting Countries (OPEC) cost $90.46 per barrel on Tuesday, Feb. 1. This is…