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Doubts Over Fox Petroleum $7.5bn NNPCL Investment as Firm Fails to Deliver Indian Project

…repeats 2016 investment pledges that never materialized ...last updated its financials on 31 Mar, 2015 Analysts tell MoneyCentral that the Nigerian National Petroleum Company Limited (NNPCL)...

Moody’s Downgrades China Credit Outlook to Negative on Rising Debt

Moody’s Investors Service cut its outlook for China sovereign bonds to negative, underscoring deepening global concerns about the level of debt in the world’s...

Trading Terror: Short Sellers Said to Front Run Hamas Attacks on Israel

Israeli authorities are investigating claims by US researchers that some short sellers may have Front run the Hamas plan to attack Israel on Oct....

UPDC, United Capital, Zenith Bank High Dividend Yield to Support Shares as Payout Nears

UACN Property Development Company (UPDC), investment firm United Capital and Zenith Bank, have the highest dividend yield on the NGX. The firm’s healthy dividend yields...

BUA Foods Plc: The Most Successful Consumer Goods Firm in Nigeria

BUA Foods Plc came out of the blue to outperform peer rivals who had long been listed on the NGX index as the company...

NGD Unveils Marketplace for Graphic Artists at Conference

Naija Graphic Design (NGD), Africa’s largest community of practice for creative design artists has concluded its second NGDX Creative Conference in Lagos. The Conference themed...

How Aliko Dangote Supported Businesses in Nigeria – Sambajo

President of the Dangote Group Aliko Dangote has been described as a rare gem and kind hearted industrialist for nurturing trading and commercial activities...

Ecobank Transnational Incorporated Reports $224m Profit in 9-months

Ecobank Transnational Incorporated (ETI), reported group profits available to shareholders of $224 million for the first nine months of 2023 compared with $196 million...

New Survey Suggests TikTok Major Driver of Surge in Global Antisemitism

Spending at least 30 minutes a day on TikTok increases the chances a respondent's antisemitism rises or holds antisemitic or anti-Israel views by 17%...

Venezuela Votes on Annexing Oil Rich Guyana Territory That Could Trigger War

Venezuela strongman leader Nicolás Maduro is set to hold a referendum on Sunday December 03, among Venezuelans on taking over a vast swath of...

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