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Equities reverse gains as capitalisation plunges by N119b

Transactions on the floor of Nigerian Stock Exchange (NSE) reversed gains to close on a downward note yesterday, as market capitalisation depreciated by N119 billion. The post Equities reverse gains

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Power market players say responsive ISO could be sector's game-changer

A responsive and financially-stable Independent System Operator (ISO) in the power sector will ensure a fair, transparent and stable electricity market, analysts have said. The post Power market players say

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We borrowed $2.5bn from China for Lagos-Ibadan rail, says Amaechi

Minister of Transport, Rotimi Amaechi The Minister of Transportation, Rotimi Amaechi, has said the Federal Government borrowed about $2.5 billion for the construction of the Lagos-Ibadan rail line. Amaechi, who

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Non-interest capital market has potential to deepen financial system – SEC DG

By Obas Esiedesa The Director General of the Securities and Exchange Commission, SEC, Mr. Lamido Yuguda has described the non-interest capital market sector in Nigeria as one that is unique

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In Bid to Boost Prices, Saudi Arabia Ready to Extend Oil Cuts By OPEC+

Saudi Arabia is prepared to support extending oil cuts by OPEC and allies into May and June and is also ready to extend its own voluntary cuts to boost oil

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Nike Sues Company that Made ‘Satan Shoes’ with ‘Drop of Human Blood’

Nike is suing Brooklyn art collective MSCHF over a controversial pair of “Satan Shoes” that contain a drop of real human blood in the soles. The $1,018 (£740) trainers, which

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Seplat Issues Historic $650m Five-year Bond, Becomes Nigeria’s Largest-ever Oil and Gas Bond Issuer

Seplat Petroleum Development Company Plc (Seplat), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has priced its offering

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Aig-Imoukhuede points way to Nigeria’s transformation

States why the book on buying a bank By Elizabeth Adegbesan Former Chief Executive Officer, Access Bank Plc, Aigboje Aig-Imoukhuede, said there is a desperate need to mobilize gifted men and women

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FG, states’ debt profile rise to N32.92trn — NBS

Nigeria’s total  public debt portfolio as at December 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics, NBS, revealed yesterday. It made the revelation in its Nigerian Domestic