Business

Norway’s Equinor Sells Stake in Nigerian Oilfield To Nigeria’s Chappal Energies

"Since production started in 2008, the Agbami field has produced more than 1 billion barrels of oil, creating value for…

10 months ago

Nigeria’s Deposti Insurer To Recover N400bn Debts Owed Failed Banks

"It is only when those debtors pay back that the NDIC would now be able to pay the depositors of…

10 months ago

Nigeria’s Finance, Budget Ministers Defend President Tinubu’s Borrowing Plan

"It is a good thing to borrow efficiently, sensibly and sustainably. What we need to look at is that borrowing…

10 months ago

Chike-Obi: Nigeria’s Economy Will Not Reach $1 Trillion By 2030

He said that a 10-year target is more feasible as it would only require a 7% GDP growth.

10 months ago

Nigeria, Angola Reject Oil Quota Cut As OPEC Stalemate Looms

Saudi Arabia is reportedly asking others in the OPEC+ coalition to reduce oil-output quotas to shore up global markets.

10 months ago

Nigeria Woos Foreign Mining Investors With Lower Production Cost

“The country’s geological bounty encompasses over 44 distinct mineral types, found in exploitable quantities across more than 500 locations," said…

10 months ago

Charlie Munger, Warren Buffett’s Longtime Sidekick At Berkshire Hathaway, Dies At 99

“Berkshire Hathaway could not have been built to its present status without Charlie’s inspiration, wisdom and participation,” Buffett said.

10 months ago

Ajibola:  Recapitalisation of Nigerian Banks Is Due But CBN Needs Stakeholder Engagement

"There was no way a statute would have envisaged the CBN lending directly to farmers, manufacturers, and the entertainment..."

10 months ago

All Wet Lease Aircraft in Nigeria Must Have An Indigenous Pilot, Says Aviation Minister Keyamo

He instructed the NCAA to withdraw the licenses and blacklist regulators who fail in their aircraft assessment duty.

10 months ago

Zenith Bank Strikes Deal with French Government To Establish Subsidiary In France

The French minister for trade hopes this will improve trade relations between France and Nigeria.

10 months ago