Saudi energy minister urges OPEC to cut oil output to 32.5 mln bpd
Saudi Energy Minister Khalid al-Falih said on Thursday that OPEC should cut oil output to 32.5 million barrels per day...
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Nigeria sells 120bn naira in treasury bills, yields mixed
Nigeria sold 119.92 billion naira ($394.21 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data...
DMO bond sale falls far short, investors demand higher yields
DMO sold far fewer bonds than it offered on Wednesday, as investors demanded higher yields from a government struggling to...
Nigerians to wait beyond December for new Lagos Airport Terminal
The proposed December date by the Federal Airports Authority, Nigeria, (FAAN) to deliver the new Lagos terminal, which is presently...
Naira to gain strength as CBN, BDCs seek supply measures
The local currency is expected to gain strength going forward following some measures by the Central Bank of Nigeria (CBN)...
CBN automates issuance Certificate of Capital Importation (CCI)
The Central Bank of Nigeria (CBN) has commenced the automation of the issuance of Certificate of Capital Importation (CCI) from...
HERITAGE BANK PLC REMAINS SOUND AND RESILIENT
The attention of Heritage Bank Plc has been drawn to deceptive reports contained in a media publication, alleging the bank’s...
NNPC set January 1 deadline to exit $8.4bn JV obligations
Starting from January 1, 2017, Nigeria will no longer fund its Joint Venture arrangement with International Oil Companies (IOCs). Maikanti...
Some OPEC ministers likely to meet in Doha on Friday – Algerian source
A number of energy ministers from OPEC oil-producing countries are likely to meet informally in Doha on Friday to try...
Global terrorism deaths fall, but rise 650 percent in OECD countries -report
Deaths from terrorism in OECD countries increased by 650 percent last year despite a marked fall globally as Islamic State...
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