The MTN Foundation and the Musical Society of Nigeria have announced the graduation of 29 young musicians from their prestigious scholarship program. The event, held recently at the MUSON …
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Seplat, Honeywell Flour among top losers as investors shed N188bn
Investors in the Nigerian equities market lost N188 billion at the end of trading on Thursday. This followed the crash in the share values of IKEJA HOTEL, HONEYWELL FLOUR, and …
Read More »Nigerian govt, oil producers agree deal on crude supply to local refineries at market prices
The federal government has reached an agreement with oil producers to permit the sale of crude oil to domestic refiners at prevailing market prices. This deal, brokered on Thursday through …
Read More »UK economy improved in May – Report
Britain’s economic output grew better-than-expected in May, official data showed Thursday, handing an early boost to the country’s newly-elected Labour government. Gross Domestic Product growth came in at 0.4 …
Read More »Equity investors lose N2bn
The Nigerian equity market continued to bleed for the third consecutive day this week as investors lost N2.18bn on Wednesday. The All Share Index and the market capitalisation dipped …
Read More »GEIL bags awards
Green Energy International Limited, the operator of Otakikpo Field PML11 in Rivers State, has won the Best Indigenous Oil and Gas Company of the Year award, at the just-concluded …
Read More »Lagos plans new electricity law
The Lagos State House of Assembly on Wednesday conducted a public hearing on a new State Electricity Bill 2024, which aims to repeal the existing 2018 power sector reform …
Read More »NGX: Bearish run continues as investors lose N2bn
The Nigerian equities market continued its negative runs on Wednesday with investors losing N2.18 billion at the close of the day’s trading. The followed the dip in the share values …
Read More »Nigeria’s crude oil production increased to 1.27mbpd in June —OPEC
Nigeria’s average daily crude oil production increased to 1.27 million barrels per day (mbpd) in June 2024, fresh data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According …
Read More »MTN, Glo, other telco lobby NCC to give permission for tariff increase
Telecommunication operators including MTN Nigeria, Glo and others have appealed to the Nigerian Communications Commission, NCC for permission to increase their tariff. This increase, they insisted, is the best way …
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