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Oil Prices Rally Ahead of Iran Attacks on Israel The global commodities market rallied further with oil prices maintaining an uptrend on Friday as the market braced for a potential direct attack on Israel from Iran during the weekend.  Brent crude is up 1% at $90.67 a barrel, while US West Texas Intermediate (WTI) trade […]

US Inflation, Job Market Take June Rate Cut Off the Table –Moody’s The 0.4% increase in the headline consumer price index (CPI) in March likely puts to bed hopes that June’s Federal Open Market Committee meeting would usher in the first interest rate cut, Moody’s said in a recent note. According to the global ratings […]

Sterling Seeks to Raise N21bn from Bonds Offering at 21% Sterling Investment Management Special Purpose Vehicle (SPV) is still in the market to seek N21 billion from local investors in the nation’s capital market as part of its borrowing programme. In a note shared with investors, Afrinvest Capital Limited said the SPV’s ₦21,000,000,000 series 1, […]Read More

NSIB, AAAU Sign Pact to Enhance Africa’s Aviation Safety The Nigerian Safety Investigation Bureau (NSIB) says it has signed a Memorandum of Understanding (MoU) with the African Aviation and Aerospace University (AAAU) to enhance aviation safety in Africa. Mrs Bimbo Oladeji, Director, of Public Affairs and Consumer Protection, NSIB, stated this in a statement issued […]

The naira, on Friday, appreciated to N1,125 per dollar at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as bureau de change (BDCs) operators, quoted the buying rate of the greenback at N1,110 and the selling price at N1,125 — leaving a profit margin of N15. The naira […]

President Bola Tinubu has assured that the nation’s economy will roar back to glory in the coming months, re-echoeing the fact that the worst is over in the economic travails being faced by the nation. Tinubu however called for unity of purpose and more collaboration between the federal government, state governors, and members of the […]

Minster of State for Petroleum Resource (Oil), Heineken Lokpobiri, has blamed the shortfall in crude oil production in the first quarter 2024 (Q1 2024) on challenges with the Trans Niger Pipeline and the maintenance carried out by some oil companies. The Minister also announced that the issues have been adequately addressed, adding that production is […]

Covenant University has been ranked above the University of Ibadan and the Federal University of Technology, Akure, as the best university in Nigeria for the second time, according to Times Higher Education‘s 2024 rating. Analysis of the latest ranking on Thursday showed that the university based in Ota, Ogun State, is among the top 1,000 […]

US President Joe Biden says he expects Iran to attack Israel “sooner than later”, as fears grow of Iranian retaliation over an air strike that killed top commanders early this month. Israel has not admitted attacking an Iranian consulate in Syria, but is widely believed to have been behind it. US officials have told CBS […]

The National Christian Elders Forum (NCEF) has said that “foreign invaders masquerading as religious extremists” are responsible for the escalating spate of killings and insecurity in Nigeria. The forum said this during a press conference chaired by its Chairman, Samuel Gani, and former deputy governor of Taraba State; and Bosun Emmanuel, a pastor; NCEF. The […]

The Chairman of Federal Inland Revenue Service (FIRS), Mr Zach Adedeji has revealed that the Service generated a total of N12.3 trillion in 2023. Adedeji disclosed this while noting that FIRS recorded unprecedented progress in revenue collection in 2023. He spoke on Friday at the FIRS special day at the ongoing 35th Enugu International Trade […]

Royce Gracie is a name that resonates deeply within the world of mixed martial arts (MMA). The best online sports betting Nigeria is waiting for you at 1xBet, where wagers on the best performers of this discipline are waiting for you. Born on December 12, 1966, in Rio de Janeiro, Brazil, Royce Gracie is a […]