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CATEGORY

Capital Market

Profit taking activities drag equities down, as investors lose N635bn

The equities market witnessed bearish sentiments last week following pressure from profit taking in some stocks. Having gained in one of five trading sessions during...

‘Investors need accurate data to succeed in capital market’

Chief Executive Officer, Absa Securities, Akinkunmi Majaro has emphasised the importance of accurate data in minimising risks and enhancing potential for success for investors...

Nigeria, Ethiopia agree to meet on trade, economy next month

Nigeria and Ethiopia have concluded arrangements to hold a Joint Ministerial Commission meeting in Addis Ababa, next month, where various areas of bilateral relationship...

Investors Make ₦77.1bn In Nigeria Capital Market

Investors on Thursday gained ₦77.1 billion after eight hours of trading at the Nigerian capital market. The gain came as a result of the rise in...

Peterside doubts NNPC N287bn profit, challenges corporation

Founder of IBTC Stanbic Bank, Atedo Peterside, has challenged the Nigerian National Petroleum Corporation to clarify allegations that it dipped its fingers in the...

OML 140: Russian Plans BIG For Nigeria’s Oil Industry

The wholly owned second-largest Russian oil company, Lukoil, announced it will increase its Nigerian activities. During a meeting with the Nigerian Ambassador to Russia, Professor...

$1.1bn Urea Fertilizer Plant Eleme Nears Completion

There is a popular saying which says, "The light at the end of the tunnel is well worth the journey it took to get there." That...

Oilfield service sector added jobs in July for the fifth consecutive month

Bureau of Labor Statistics BLS and Energy Workforce & Technology Council figures reveal that the United States' energy technology and services sector generated 6,082...

Senegal is seeking Nigerian assistance in developing its oil and gas sector.

3 August 2021 Chief Timpre Sylva, Minister of State for Petroleum Resources, praised the Senegalese government's attempts to enlist Nigeria's help in developing its oil...

OPEC July oil output hits 15-month high as demand recovers, survey shows

OPEC July output rises 610,000 bpd from JuneCompliance with OPEC+ cut pledges slips to 115%Saudi Arabia posts OPEC's biggest output gainProduction by country: LONDON,...

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