Access Bank, FBN, Ecobank, Others attract FDI valued at $5.85bn in Q1

In the midst of the ravaging pandemic that is biting hard the economy, Major Nigerian banks have made a worthy input toward attracting investment into the country The Nigerian banks include Access Bank, Ecobank, Nigeria...

Nigeria Receives $114M Loan From World Bank

The World Bank has approved $114 million to help Nigeria tackle its coronavirus pandemic, the global lender said on weekend The money comes in the form of a $100 million loan and a $14 million...

GTBank receive awards for COVID-19 response

Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership Africa Award, a premier award category set up to recognize banks around the world who are playing a pivotal role during the...

LCCI insists cost-reflective tariff is inevitable in Nigeria

… tasks FG on economic sustainability plan Worried about the challenges in the power sector especially on tariff increase, the Lagos Chamber of Commerce and Industry, LCCI has stressed that the Cost Reflective Tariff is...

Ale wants FG to address root cause of underdevelopment

Ale wants FG to address root cause of underdevelopment   An expert on the Sustainable Development Goals (SDGs), Mr. Michael Ale, has called on the government to address the root cause of underdevelopment, which he...

Zenith Bank ranked number one bank in Nigeria by Tier-1 Capital

Zenith Bank Plc has again emerged as the Number One Bank in Nigeria by Tier-1 Capital in the 2020 Top 1000 World Banks Ranking published by The Banker Magazine. Climbing a whopping 29 spots...

Seplat’s significant cash resources, among others, provide strong resilience to oil volatility – CEO

        Seplat Petroleum Development Company Plc, has assured that its increasing revenue from gas, low oil price hedging and good cash standing, provide strong resilience to the current oil price volatility. This position is contained in...

NNPC assures of availability of petroleum products at Easter

                        … as NNPC retail stations in full compliance with PPPRA price template   The Nigerian National Petroleum Corporation (NNPC) has assured Nigerians of availability...

Nigeria ,other West African Countries among the most hard-hit amid Covid-19 and low oil...

  Nigeria , Angola, Senegal, Cameroon and Ghana are among the most hard-hit amid COVID-19 pandemic and oil price plunge, according to African Energy Chamber analyses. Angola revises national budget and suspends CAPEX; Senegal’s first oil...

China commits $1.4bn investment into bankable energy projects in Africa

China commits $1.4bn investment into bankable energy projects in Africa The African Energy Chamber concluded meetings in Beijing to discuss the need to invest in gas exploration and to work on African initiatives like LNG2Africa,...