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Nigerian oil industry

Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

Breaking: Aiteo Terminates Security Contracts with Amotoi, Others Over Crude Theft, Fraud

Aiteo ends contracts with Amotoi, Livingstone and others due to crude theft and fraud, aiming to safeguard operations and assets in Nigeria.

Oando Makes Major Play in Nigerian Oil with $550 Million Contribution

Nigerian energy company Oando Plc secures $550 million stake in a $925 million facility for Afreximbank's $3.3 billion Project Gazelle, a landmark oil-backed financing deal for Nigeria.

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Nigerian Treasury Bills Yield Climbs Above Inflation

Nigerian Treasury bills yield climbs above inflation as investors position for a major auction and markets anticipate softer monetary policy.

Naira Weakens as Dollar Demand Pressures Persist

The naira weakened at the official market as dollar demand surged, prompting fresh calls for deeper intervention from the Central Bank.

Nigerian Bonds Yield Drops as Inflation Slows

Nigerian bonds yield dropped to 15.46 percent as disinflation encourages investor demand, with real interest rates rising and long-term debt instruments attracting strong interest.

Unity Bank MD Urges Youths to Embrace Savings Culture

Unity Bank MD urges young Nigerians to embrace a savings culture, stressing financial literacy, early money management, and long-term resilience for economic independence.