Mr Olatunde Amolegbe, the new president of the Chartered Institute of Stockbrokers (CIS), at his investiture on Tuesday in Lagos […]
Author: News Essence
Oil prices bolstered by bigger-than-expected drop in U.S. crude stocks
Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts […]
UBA finances NNPC’s $1.5b pre-export facility
United Bank for Africa (UBA) Plc is leading a consortium of banks in a $1.5 billion pre-export finance facility for […]
Power generation peaks at 5,377MW
The power sector has recorded a peak generation of 5,377 megawatts, the Transmission Company of Nigeria has said. It disclosed […]
Stock market sustains positive trend, up by 0.31%
The Nigerian Stock Exchange (NSE)sustained its positive trend on Tuesday with key indices appreciating further by 0.31 per cent. Specifically, […]
Clinker export by Dangote will boost FG’s forex drive, says MAN
To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation […]
Gencos cry out over Nigeria’s 4,159MW unused electricity
Electricity Generation Companies (GenCos) said although they increased their generation capacity to 8,145 megawatts (MW), but produce only 3,987MW for […]
Embrace green bond finance, NSE boss urges West African countries
The Nigerian Stock Exchange (NSE) urged West African countries to shift and scale up green bond finance and investment to […]
Oil prices fall on doubts over output cuts
Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will extend […]
NAICOM issues new recapitalisation guideline
The National Insurance Commission (NAICOM) has released a new guideline for recapitalisation of insurance and reinsurance firms. In a circular […]