Thursday, May 14, 2026
Oil hits 11-month high as Saudi Arabia, OPEC+ allies negotiate production cut
By Onome Amuge Oil prices soared to their peak in 11 months following the decision of Saudi Arabia, the world’s...
Read moreDetailsGoldman Sachs explains why Saudis made shocking oil production cut decision
By Zerohedge.com The first monthly OPEC+ meeting to decide on the group’s production ended with an unexpected, in fact shocking...
Read moreDetailsAccess Bank continues African expansion with acquisition of Zambia’s Cavmont Bank
By Charles Abuede Access Bank Plc, Nigeria’s Tier-1 financial institution, says it has completed the acquisition of Cavmont Bank...
Read moreDetailsNigeria bourse’s demutualisation sees Onyema emerge Group CEO, Popoola new CEO
 By Charles Abuede Awe to head independent regulatory arm The mutualisation of The Nigerian Stock Exchange has moved a...
Read moreDetailsWorld Bank predicts 4% global economic growth on widespread Covid-19 vaccine rollout in 2021
By Charles Abuede Says deployment of vaccines, investment key to sustaining recovery A new World Bank forecast for...
Read moreDetailsWorld Bank says Nigeria to grow 1%, SSA moderate 2.7% in 2021
By Charles Abuede Rising government debt, natural phenomenon pose downside risks to recovery Banks may face sharp increases NPLs in...
Read moreDetailsBears stage comeback as selloffs in BuaCem, MTN, Zenith Bank drive market into red
By Charles Abuede Sentiments were dampened in the Nigerian equities market on Tuesday owing to profit-takings on top stocks...
Read moreDetailsSugar strengthens price gain, low demand weakens cocoa
By Onome Amuge Raw sugar futures on ICE surged higher on Tuesday as it edges towards the preceding season’s...
Read moreDetailsNigeria’s power tariff up 50%, 2 months after earlier rate spike led to face-off
By Charles Abuede Barely two months after the Nigerian Electricity Regulatory Commission (NERC) forced the implementation of the highly...
Read moreDetailsUNICEF predicts over 800,000 Nigerian children to suffer starvation in 2021
By Onome Amuge No fewer than 800,000 children will suffer acute malnutrition in the northeast of Nigeria with about...
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