Business News
Oil slips on fears over higher OPEC supply, slower China demand
Brent crude dropped 14 cents or 0.2% to $63.55 a barrel by 1145 GMT, after losing 1.1% the previous day. U.S. West Texas Intermediate (WTI) crude fell 2 cents to
DisCos’ sustainability questioned as FG pays N50bn monthly subsidy
The government’s financial support to the power sector hovering around N2.3 trillion in the past few years has raised concerns among stakeholders who insisted, yesterday, that the industry is at
Local engineers to manage refinery, says Dangote
The Management of Dangote Oil Refinery has said that it is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day (b/d) single train refinery
Building smart, prosperous Lagos for all
Creating a smart city has become the vision shared by many countries across the globe, as the journey to build a robust economy becomes intensified. The post Building smart, prosperous
MTN connects 12.2m subscribers as earnings hit N1.3tr
Telecommunications firm, MTN connected 12.2 million new subscribers and earned revenue of N1.3 trillion in 2020. The post MTN connects 12.2m subscribers as earnings hit N1.3tr appeared first on The
Expert seeks convocation of national dialogue on deregulation policy
Senior Partner, Commercial Contracts and Energy at the Primera Africa Legal, Israel Aye has said that it is high time the Federal Government initiated an all-encompassing national dialogue… The post
Pension assets soared to N12.3 trillion in December 2020
The National Pension Commission (PenCom) December report has revealed a significant increase in assets under management to N12.3trillion, which represented year-on-year The post Pension assets soared to N12.3 trillion in
Valency Agro quotes ₦5.12 billion series I CP on FMDQ platform
FMDQ Securities Exchange, through its board on listings and markets committee, has announced the quotation of the Valency Agro Nigeria Limited’s ₦5.12 billion series 1 commercial paper The post Valency
PFA urges asset diversification to hedge market volatility
Sigma Pensions has urged investors to remain calm in the face of market volatility and strategically diversify their assets. The post PFA urges asset diversification to hedge market volatility appeared
Sovereign Wealth Fund: If Nigeria were Malaysia
In 2016, the US Justice Department filed a complaint alleging that over $3.5 billion had been misappropriated, between 2009 and 2015, from 1Malaysia Development Berhad (1MDB) The post Sovereign Wealth
