Nigerian Bourse recovers, advances by 0.02%

The Nigerian Bourse recovered from the previous decline of 1.48% on Monday, advanced by 0.00%. The All Share Index soared by 0.02% closing at 51,138.92 points against the previous close of 51,127.38 points. Consequently, investors gained N3 billion as market capitalisation also soared to N27.853 trillion from N27.850 trillion of the previous session. The volume and value […]

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Apr

FG eyes more revenue as US increases purchase of Crude Oil

The United States has resumed huge crude oil importation from Nigeria, increasing the country’s oil revenue by N156bn last month, The PUNCH findings revealed. The US increased its imports to 4.3 million barrels in March, the highest since June 2018, according to Customs data on Refinitiv Eikon. US refiners turned to other crude oil sources for the[…]