Business

Bank Windhoek has issued Namibia’s first green bond to finance eligible green projects and assets, the lender announced on Thursday. Namibia’s largest locally owned bank and its second largest lender …

Royal Dutch Shell has concluded that a Nigerian oilfield sale where it suspects an executive took bribes was not linked to a separate court case in which he and Shell …

Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by the Organisation of the Petroleum Exporting Countries (OPEC). The meeting is …

A multi-billion dollar investment opportunity in the nation’s deep-offshore frontiers was yesterday unveiled at the 10th World Energy Capital Assembly in London, United Kingdom. It was part of the drive …

The board of Lafarge Africa Plc yesterday announced that the company will be raising N89.21 billion in new equity funds through a rights issue at N12 per share. Lafarge Africa’s …

The Nigerian National Petroleum Corporation  (NNPC) yesterday said it lost over $800million revenue to all the stakeholders owing to breaches of contracts of its old regime. The state-run oil firm …

The Central Bank of Nigeria (CBN) has approved the change in the licence of Diamond Bank Plc from an international bank to a national bank with immediate effect. The approval …

To improve domestic consumption of gas, Nigeria will consume two million metric tons of Liquefied Petroleum Gas (LPG) by 2025, Matric Energy Limited’s Chief Marketing Manager, Mrs. Toyin Sowumi, has …

The Ford Struandale Engine Plant in Port Elizabeth, South Africa, has begun production of the new-generation diesel engines that are set to power the new Ford Ranger Raptor and selected …

Most Nigerian equities closed weekend at their lowest prices. A net loss of N139 billion in the four trading sessions last week worsened the net loss over the 11-month period …