Emeka Ejere | As OPEC’s efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits – and flooding Europe with a record amount of crude. Russia…
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Category: Business
CBN pumps $210m in FOREX market
The Central Bank of Nigeria (CBN), on Monday, injected 210 million dollars into the Inter-bank Foreign Exchange Market, in its bid to sustain liquidity in the foreign exchange market. The…
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NNPC vows to revive Nigeria’s refineries
The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru over the weekend vowed to get the nation’s four refineries back to their optimal, working capacities. Dr.…
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Zenith Bank posts better than expected 2017 financial result
Alabingo Finance Report || Despite the economic hiccups in the country, Zenith Bank put up an impressive financial performance in 2017, growing its post-tax profit by 37 per cent to…
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Senate probes Samsung’s alleged abuse of Nigeria’s financial policy
The Senate Committee on Customs, Excise, and Tariff has begun investigation into allegations of abuse of Federal Government’s Financial Policy by Samsung Electronics. The chairman of the committee, Hope Uzodinma…
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