Oil Prices Dip as Investors Track Russia-Ukraine Ceasefire Talks
Oil prices declined as investors closely monitored ongoing ceasefire negotiations between Russia and Ukraine.
Oil prices declined as investors closely monitored ongoing ceasefire negotiations between Russia and Ukraine.
MOFI has partnered with AIHS 2025 to highlight housing finance initiatives and engage stakeholders on investment opportunities.
NNPC’s crude-backed loans have totalled $21.5bn since 2019, affecting domestic supply to Nigerian refiners.
Seven listed firms, including Dangote, BUA, Lafarge, and Transcorp, are set to distribute N633.95bn in dividends for 2024.
Finance Minister Edun and CBN Governor Cardoso have met to align fiscal and monetary policies, ensuring macroeconomic stability and investor confidence.
The US has imposed new sanctions on Iran’s oil trade, targeting a Chinese refinery for purchasing and processing Iranian crude.
Air Peace has announced a fare reduction of up to ₦600,000 for Nigerian travelers flying to London, alongside extra luggage allowance.
The NNPC has debunked reports of an explosion at the Port Harcourt Refinery, clarifying it was a controlled flare incident.
Dangote Refinery has temporarily halted petroleum sales in Naira due to currency mismatch, awaiting NNPC crude allocation for resumption.
NUPRC has said Nigeria will harness its vast oil and gas reserves while ensuring decarbonisation for long-term sustainability
UNCTAD has reported global trade hit $33 trillion in 2024, growing by 3.7%, but warns of potential disruptions in 2025.
Yatsar Capital Partners has announced the first close of its real estate fund, securing N31bn from investors.
The federal government has unveiled a private sector-led agribusiness financing programme to boost food security through large-scale industrial agriculture investment.
OECD forecasts global GDP growth to slow from 3.2% to 3.1% in 2025 due to trade barriers and uncertainty.
ITB Nigeria, owned by Gilbert Chagoury, has secured a $700 million contract to renovate Lagos’ Tin Can and Apapa ports.
Nigeria’s inflation rate dropped to 23.18% in February, down from 24.48% in January, according to the National Bureau of Statistics.
Dangote has announced plans to construct Nigeria’s largest port in Ogun, reviving the Olokola Free Trade Zone project with state support.
Nigeria and Brazil have signed the $1.1 billion Green Imperative Project (GIP) to boost agricultural productivity and private-sector investment.
Nigeria and Cuba have renewed diplomatic ties, focusing on healthcare and trade as they mark 50 years of relations.
Africa’s debt reaches $1.2 trillion, with Afreximbank urging fiscal discipline to ensure sustainability and reduce borrowing from 2027.
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