The central parity rate of the Chinese currency renminbi, or the yuan, weakened 256 pips to 6.8987 against the dollar on Thursday, according to the China Foreign Exchange Trade System.

Shell Petroleum Development Company Nigeria Limited, TechnoOil Group, Schlumberger and other international and indigenous oil and gas companies emerged winners at the sixth edition of the Nigeria International Energy Summit (NIES 2023) Industry Awards.

9mobile, a telecommunications company, on Tuesday says it has invested N70 billion on its ongoing network modernisation.

The TotalEnergies E&P Nigeria says it will stop routine gas flaring in 2023 to actualise energy security and sufficiency.

The National Association of Microfinance Banks (NAMB) has renewed its call on the Central Bank of Nigeria (CBN) to always Involve MfBs in the formulation and implementation of key policies.

Kristalina Georgieva, Managing Director of, the International Monetary Fund (IMF) has called on the international community to support the world’s poorest countries.

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 196 pips to 6.8658 against the dollar on Thursday, according to the China Foreign Exchange Trade System.

The Shell Petroleum Development Company of Nigeria  (SPDC) on Wednesday denied claims that it was in violation of Nigerian Content laws at the EA fields in Bayelsa.

The International Monetary Fund (IMF) said on Tuesday that the economic prospects of emerging market and developing economies were on average stronger than advanced economies.

The World Bank Group President, David Malpass says global growth is expected to be weak in 2023, slowing to two percent from 3.1 percent in 2022.

The National Bureau of Statistics (NBS), says total capital importation in Nigeria stood d at 1,060.73 million dollars in quarter four of 2022.

The Naira depreciated against the dollar on Thursday, exchanging N461.50 at the investors’ and exporters’ window.