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Oxford-AstraZeneca Covid Vaccine Study Shows Early Promise

A coronavirus vaccine the University of Oxford is developing with AstraZeneca Plc showed promising results in early human testing, and is now set to...

Fidelity Bank Appoints Onyeali-Ikpe, MD/CEO as Okonkwo Retires

The Board of Directors of Fidelity Bank Plc have announced the impending retirement of Nnamdi J. Okonkwo, the Managing Director/Chief Executive Officer (MD/CEO) of...

Stanbic IBTC Revises International Spending Limit on Naira Cards Down to $500

Stanbic IBTC Bank a Tier-2 lender has revised downwards how much its customers can spend on its International Naira Mastercard by 50% to $500. In...

Dangote to Commission $2 Billion Fertilizer Plant in February 2021

Dangote Group's fertilizer plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start production next year, according to Saipem...

Shell CEO: Don’t Expect V-Shaped Oil Demand Recovery

The global economy and oil demand are not likely headed for a V-shaped recovery as the pandemic will have a knock on energy demand...

Total Mozambique LNG Completes $16 Billion Financing

Mozambique liquefied natural gas (LNG) project has completed as much as $16 billion in funding involving a score of banks, despite a slowdown in...

AIICO Insurance CEO Purchases 4.6 Million New Shares

The Managing Director/Chief Executive Officer (CEO) of Aiico Insurance Plc, Babatunde Fajemirokun, has purchased 4.6 million new shares in the Insurance Company. The purchase was...

MTN Nigeria Unveils E-Sim Technology

MTN Nigeria has announced the trial of e-SIM services on their network based on approvals received from the Nigerian Communications Commission (NCC). Electronic or e-SIMs...

Loss Making ETranzact Opens N7 billion Rights Offer to Public

Etranzact International Plc - Proposed Rights Issue of 4,666,666,667 Ordinary Shares of 50 Kobo Each at N1.50 Per Share on the Basis of Ten...

Crude oil Prices Rise after Big US Inventory Drawdown

Oil prices rose on Wednesday after a sharp drop in US crude inventories, with the market waiting for OPEC and its allies to decide...

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