Numbers show huge challenges facing OPEC members
The price of a barrel of Brent crude has more than halved over the past five years, triggering an existential crisis for the world’s
Tourism sector holds $76bn promise for Africa, despite terrorism- New report
With the promise of an estimated foreign visitor spending of $76 billion by 2027, Africa’s tourism sector has been described as
Nigeria’s non-oil revenues already below budget, say analysts
Analysts at FBNQuest have raised the alarm that non-oil revenues for the prosecution of the 2017 budget are already running below
DMO sees $483.4m foreign debt service for Nigeria in 10 years
Nigeria’s debt office plans to use $483.4 million to service its foreign debt over a 10-year period and make repayments starting
Aliko Dangote, Africa’s richest man, plans $4.6bn new investments in agriculture
Aliko Dangote, Africa’s richest man by assets, is ramping up his interest in agriculture in his home country with planned new
Nigeria, Libya responsible for hike in OPEC June oil output to 32.47mbpd
Recovery in oil production in Nigeria and Libya led to a hike in total Organisation of Petroleum Exporting Countries (OPEC) output in
Oil near $44 as Saudi Arabia’s output increase raises doubts
Oil futures were little changed in New York, trading near $44 a barrel following a report that Saudi Arabia exceeded its agreed-upon
Nigerian equities sustain bullish sentiments as market index up 0.6%
The Nigerian equities market sustained its upbeat performance in Tuesday trading session as the benchmark index climbed 0.6 percent to
Nigeria’s Inflation seen declining marginally in June on exchange rate gains, waning base year effects
Ahead of the release of inflation data for the month of June by Nigeria’s statistical agency, the Nigeria Bureau of Statistics (NBS),
IBEDC earmarks N4.5bn for enumeration of consumers, equipment
Ibadan Electricity Distribution Company (IBEDC)has earmarked over N4.5 billion for the enumeration of consumers and equipment in its