The group is among oil and gas majors benefiting from rising commodities prices as the war in Ukraine exacerbates an energy crisis in Europe.

Shell is the first of the so-called supermajors to report its half-year results, with ExxonMobil, Chevron and BP also expected to reveal bumper earnings in the coming days.

To end a property downturn that played a big role in bringing year-on-year growth down to just 0.4 percent in the second quarter, the Bank will issue Rmb200bn of low-interest loans.

This is against the backdrop of unbridled borrowing and rising debt service cost which exceeded revenue by as much as N310 billion in Q1 2022.

The amount reduced significantly between June and July but no explanation was given for the huge drop.

Profits in June grew 0.8% from a year earlier, rebounding from a 6.5% decline in May.

“The Chinese are (the ones) benefitting from the operations of Air Peace because Nigerians are having difficulty obtaining visas,” he said. 

The SEC’s scrutiny has increased ever since the crypto trading platform expanded the number of tokens in which it offers trading,

The increases are steeper than the 17 percent jump in the Prime membership price that came into effect for new US subscribers in February.

This, after the Chinese tech giant said it will apply for a dual primary listing in Hong Kong, before paring some gains.

The US’ largest retailer said it expected operating profits for the full year to fall by as much as 13 percent.

European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday, after striking compromise deals to reduce the cuts for some countries, as they brace for

The DFC financing for Access Bank will provide needed liquidity given the global economic downturn caused by the COVID-19 pandemic.

The French oil major and operator of OML 59 with 40% interest in partnership with NNPC Ltd which holds 60%, announced the start of production at Ikike field in a statement issued Monday in Paris.

Musk’s tweets came after a Wall Street Journal report cited unidentified sources saying he had engaged in a brief affair with Shanahan.

Besides the high cost of aviation fuel, airlines are facing a critical challenge of sourcing forex to maintain their aircraft and acquire spares.

The federal government is considering a nationwide ban on motorcycles and mining to curb banditry.

Nigeria’s Finance Minister Zainab Ahmed sounded the alarm bells when she said the country’s debt service cost outstripped its revenue.

H9wever, Ukrainian President Volodymyr Zelenskiy doused hopes that the accord might nudge the conflict nearer a resolution.