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NNPC declares N3.3trn profit, announces new daily crude oil production…
The Nigerian National Petroleum Company (NNPC) Limited has declared a profit of N3.3 trillion for the fiscal year 2023.…
Naira crude sale to refineries fixed for October 1
Dangote Refinery and other local refineries are to take their first delivery of crude under the naira-for-crude deal on October,…
Canadian retail giant makes £29.7bn bid for 7-Eleven
A Canadian convenience store giant has made a surprising £29.7 billion bid for its Japanese rival, 7-Eleven, potentially…
NNPCL speaks on $6.8bn debt ‘owed’ to foreign oil traders
The Nigerian National Petroleum Company Limited (NNPCL) has debunked a report claiming that it owes international oil traders $6.8…
FG seeks N190b in new bond auction
The federal government will today raise about N190 billion through a new auction of regular domestic bonds.
The Debt Management…
Gold hits record high, oil prices slide
Gold reached a record high on Friday as global stock markets showed mixed performance. Wall Street experienced profit-taking,…
Recapitalisation: Banks doing well, all offers received from them approved…
The Securities and Exchange Commission (SEC) says it has approved all the offers it received from commercial banks amid the…
Naira depreciate to N1,595/$ in parallel market
The Naira, yesterday, depreciated in the parallel market, falling to N1,595 per dollar from N1,590 per dollar on…
China firm claims world’s fastest-charging EV battery
Chinese car maker Zeekr claims that its new electric vehicle (EV) batteries charge faster than those of any competitors,…
UK Inflation rate rises for first time this year to 2.2%
The UK's inflation rate has increased for the first time this year, according to official figures.
Prices overall rose by…