17

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 […]

14

Apr

Stock market declines marginally by 0.02

It was a bearish session on the floor of the Nigerian stock market on Thursday as the All Share Index declined by 0.02% to close at 51,944.58 points from the previous close of 51,953.41 points. The Market Capitalisation was down also by 0.02% to close at N28.295 trillion from the previous close of N28.300 trillion, thereby shedding[…]