Business and economic news from Nigeria and around the world.
OML 119: NNPC records 14 bids for development of oil well
MTN halts plans to sell $300 million stake in Botswana firm
Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth
AFDB increases capital to $208 billion in bid to secure Africa’s future
Saudi Aramco, NNPC to collaborate to revamp dilapidated Nigerian refineries
Quick take: Loss from discontinued operations drives Net Loss
Global Markets: U.S Fed delivers another rate cut
Border closure retaliation: Ghanaian traders union shuts Nigerian shops, to clamp down on more
Power: DisCos remain the weakest link
Group advocates for more Nigeria-Vietnam trade in oil and gas, other key sectors
Firm prepares for a showdown with FG over Ajaokuta Steel control