BusinessPost

By Adedapo Adesanya Italian oil major, Eni, is positioning to embark on deepwater exploration investment in Nigeria after President Bola Tinubu met its chief executive Officer, Mr Claudio Descalzi, in Abuja to discuss the company’s deepwater expansion plans. This follows the r

By Aduragbemi Omiyale The Executive Director for Personal and Private Banking at Stanbic IBTC, Mr Olu Delano, has stressed the need to link macroeconomic trends to personal financial goals. At the 2026 Regional Economic Outlook Series of Stanbic IBTC recently, he said, “Whether p

By Adedapo Adesanya Coronation Registrars Limited processed N1.28 trillion in dividends for the year 2025, representing over 40 per cent of the total dividends distributed on the Nigerian Exchange (NGX) Limited. This information was revealed by the company in its 2025 performance

By Adedapo Adesanya Union Dicon Salt Plc has raised an alarm that it has been unable to establish contact with Aims Limited, which holds a significant equity stake in the company, stalling its revival plans. In a formal announcement issued to the Nigerian Exchange (NGX) Limited,

By Aduragbemi Omiyale The rights issue of Linkage Assurance Plc, involving 12,320,000,000 ordinary shares of 50 Kobo each at N1.32 per share, has been approved by the Securities and Exchange Commission (SEC). Business Post reports that the underwriting company is offering

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded its first loss of the week with a 1.29 per cent decline on Thursday, March 5. This brought down the NASD Unlisted Security Index (NSI) by 54.84 points to 4,256.41 points from 4,256.41 points, while

By Dipo Olowookere The Nigerian Exchange (NGX) Limited managed to close higher by 0.18 per cent after an intense battle with the bears, which wanted to take control. Data from the local stock exchange showed that investor sentiment was weak during the session after a negative

By Adedapo Adesanya The value of the Nigerian Naira further depreciated against the United States Dollar in the black market segments of the currency market on Thursday by N15, closing at N1,405/$1 compared with the previous day’s value of N1,390/$1. Information gathered

By Adedapo Adesanya Brent crude hit $85.41 per barrel after it chalked up $4.01 or 4.93 per cent on Thursday, extending a rally triggered by the US-Israel war with Iran. The US West Texas Intermediate crude, on its part, settled at $81.01 per barrel, its highest since July 2024,

By Adedapo Adesanya The federal government plans to boost the manufacturing sector’s contribution to the Nigerian economy to 15 per cent by 2030 and 25 per cent by 2035, from its current 8.2 per cent. This was revealed in the newly launched Nigeria Industrial Policy (NIP), w