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Mohammad Barkindo, OPEC Secretary-General said Monday that the oil market is re-balancing at a quickening pace and production cuts are...

Nigeria’s 2018 ‘budget of consolidation’ though intended to build on the gains of the 2017 ‘recovery and growth’ budget, its...

Oil traded near $57 a barrel as Saudi Arabia signaled it will raise security at its crude facilities after Bahrain...

Scandal-hit ride-sharing company, Uber, Sunday said it had entered into a deal to sell a stake to Japan's SoftBank as...

*Says govt capacity to provide support for banks weak Moody's Investors Service (Moody's) Friday downgraded to B2 from B1 the...

Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the...

Alibaba, Chinese e-commerce giant, sold over $25 billion of product on the Chinese biggest online shopping date, code-named ‘Singles Day’...

Bitcoin, which had hit a record high of $7,879.06, traded more than seven percent lower Friday near $6,621, according to...

When BP Plc goes to Abu Dhabi this week, where big oil companies will be jostling for access to the Emirate’s offshore...

Nigerian equities market closed Friday on a positive note, as bourse’s benchmark index appreciated by 0.19 percent to close at...