Business
Nigeria rebalances OPEC quota compliance, cuts output by 7%
By Udeme Akpan NIGERIA has been forced to rebalance its oil output, effecting about 7.0 percent cut back on its oil output to re-align with the quota imposed by the Organisation
‘Demutualisation of NSE will create swift changes in economy’
Despite the current economic headwinds, we believe the long-term thinking by the government on growing the economy through a renewed focus on the real sector economy and the coordinated and
NSIA assets grow by N193b as investment in foreign assets appreciates
The Nigeria Sovereign Investment Authority (NSIA), yesterday, hinted that its net assets grew by N193.21billion in 2020, representing a 33 per cent increase over the N579.54 billion recorded in 2019.
Orwu canvasses more investments in Rivers
To fast-track, the ease of doing business and attract investors to Rivers State, Managing Director/Chief Executive Officer (MD/CEO), Victoria Creek Gardens Estate (VCGE), Michael Orwu The post Orwu canvasses more
Dangote Cement, 20 others lift capitalisation by N36 billion
Trading activities on the Nigerian Exchange Limited (NGX) extended bullish run to two consecutive trading sessions yesterday, as investors’ wealth appreciated by N36 billion. The post Dangote Cement, 20 others
Shareholders commend Sterling Bank's improved performance
Shareholders of Sterling Bank Plc have commended the board and management for its resilience, improved financial performance and returns on investment in 2020 despite the adverse impact of the COVID-19
Oil & Gas: Nigeria to host African local content roundtable
The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the maiden edition of the African Local Content Roundtable in a bid to institutionalize peer review mechanism among
Nigeria to Develop World-class Pharmaceutical Manufacturing Facilities, NSIA Chief Uche Orji Says
The coronavirus pandemic accelerated the growth of investments in the healthcare and pharmaceutical sector, according to the Managing Director and CEO of Nigeria Sovereign Investment Authority. Uche Orji says it
2020 Performance Better Than Expected, Says Nigeria Sovereign Wealth CEO Orji
The Managing Director and CEO of Nigeria Sovereign Investment Authority says last year’s market performance were “very strong” and surpassed expectations despite the Covid-19 pandemic. Uche Orji listed investments
Nigeria: How $1.5bn Contracts Pitted Transport Minister Amaechi against Ports MD Bala-Usman
Last week’s suspension of Managing Director of the Nigerian Ports Authority (NPA), Ms. Hadiza Bala-Usman, at the request of the Minister of Transportation, Mr. Rotimi Amaechi, was the culmination of
