SHELL TO BEGIN EXPORTS FROM FORCADOS TERMINAL AFTER TWO-MONTH CLOSURE
Shell has lifted a force majeure on exports of Nigeria’s Forcados crude oil stream that had been in place for more than two months,...
UBA RAISES ₦11.5 BILLION FROM RIGHTS ISSUE
United Bank for Africa (UBA) said on Friday it had raised ₦11.5 billion ($57.8 million) by selling new stock to existing shareholders to bolster...
NAIRA DROPS TO 241 AGAINST DOLLAR
The naira hit another record low of 241 against the dollar at the parallel market on Monday as the Central Bank of Nigeria’s restrictions...
