LAGOS-Management of Union Assurance Company Limited (UACL), has said that it is eyeing the future with the objective of making the company one of the top five...
LAGOS-Differentials for Nigerian crude oil held above the lows set last month, supported by higher refining margins in Europe, traders said on Friday. Nigerian crude oil...
LAGOS-The Federal Government sold N182.85 billion ($1.13 billion) of treasury bills with maturities ranging between three months and one year, at yields lower than at its...
LAGOS-The European Central Bank’s landmark review of euro-zone banks will have to ask lenders to raise an additional €51bn to be credible with markets, a Goldman...
LAGOS-A total of 21 automobile dealerships in Nigeria have made commitments with some foreign technical partners to set up assembly operations in the country since the...
LAGOS-The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009 with the Middle Eastern oil...
LAGOS-Bob Diamond’s African banking venture is pumping a whooping three hundred million dollars into Nigeria’s Union Bank as it raises its stake in a bank that...
LAGOS-Nigerian stocks ended in the black on Friday led by banking shares after news that two foreign investors had bought significant stakes in Ecobank and Union...
LAGOS-Nigeria’s interbank lending rates eased to 10.5 percent on Friday, down 25 basis points from a week earlier, after the central bank paid off matured treasury...
LAGOS-Eland said production at the Opuama field, covered by the OML 40 license, has recommenced with production stabilising at an average rate of over 3,500 barrels...