Forte

Forte Oil perfects N9 billion five-year fixed rate bond

Forte Oil Plc, a foremost-integrated energy service provider, has successfully completed its N9 billion series one debt issue. The company in a statement to the...
NNPC

NNPC pays N827bn to FAAC in 12 months

The Nigerian National Petroleum Corporation (NNPC) says it has paid the sum of Eight hundred and twenty Seven billion Naira to the Federation Accounts Allocation ...
Geoffrey Onyeama

Nigeria-Morocco trade to increase

Nigeria and the Kingdom of Morocco are set to sign 15 agreements in various areas of cooperation, the Minister of Foreign Affairs, Dr Geoffrey...
NSE

NSE market capitalisation down by N13bn, Total and Forte oil loses

The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday lost N13 billion, amid profit taking embarked by investors. The News Agency of Nigeria...
NNPC

NNPC’s JV cash calls hits $2.5bn

The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing Director. Baru made...
SEC

SEC pays N29.2bn unclaimed dividends

The Securities and Exchange Commission (SEC) says more than N29.2 billion has been paid to investors out of the N80 billion unclaimed dividends in...
naira

FOREX: Naira weakens against dollar

The Naira  on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest rate and endorsed the crackdown on parallel...
naira

Naira gains against the dollar

The Naira on Friday strengthened against the dollar in all segments of the foreign exchange market, the News Agency of Nigeria (NAN) reports. At the...
Kemi Adeosun

FG launches N13bn mortgage scheme

The Federal Government on Friday launched a N13 billion Federal Civil Servants Mortgage Refinancing Scheme to benefit 5,635 federal civil servants. The Minister of Finance,...
opec

OPEC jacks output, oil prices fall

OPEC members are making the task of oil market rebalancing harder by maximising their production ahead of a ministerial conference at the end of...