Finance articles

OPEC Predicts Higher Demand for its Oil, Lowers U.S. Supply

Demand for oil from the Organisation of Petroleum Exporting Countries (OPEC) would be higher than previously forecast, as the low oil price throttles production in the U.S., the cartel said on Monday in Vienna. OPEC projected in its latest monthly market report on Monday in Vienna that non-OPEC countries would supply 57.1 million barrels per

SEC To Reject Incomplete Filings

The Securities and Exchange Commission (SEC) Nigeria has directed all capital market operators and issuers to ensure that any application filed with the Commission complies fully with the requirements of its Rules and Regulations. A statement signed by the management of SEC said that the directive is pursuant to the powers conferred on it by

PWC Submits Forensic Audit Report on NNPC to Jonathan

PricewaterhouseCoopers (PWC), the international audit firm appointed by the federal government to undertake a forensic report on the alleged unremitted oil revenue by the Nigerian National Petroleum Corporation to the Federation Account, finally submitted its report to the presidency on Monday in Abuja. In a brief ceremony witnessed by the Auditor General of the Federation,

First Bank, Zenith, GTB, Others Top 500 Global Banks

Latest report confirms that First Bank of Nigeria Limited, Zenith Bank Plc, Guaranty Trust Bank Plc (GTBank) and Access Bank Plc have been ranked number one banking brand in Nigeria among the ‘Top 500 Banking Brands’ by The Banker magazine of the Financial Times and Brand Finance, London, in 2015. A report on Monday revealed