Thursday, April 16, 2026
Oil prices heading for third week of losses as OPEC struggles to clear global surplus
Khalid A. al-Falih, the Saudi energy minister, talked to journalists before an OPEC meeting in Vienna on Thursday 25 May,...
Read moreDetailsNigeria’s refineries need $1.2bn for repairs- Minister
Nigeria's three refineries in Port Harcourt, Warri, and Kaduna require about 1.2 billion dollars to repair, bringing them up to 100...
Read moreDetailsBullish sentiments persist as oil & gas, food, banking stocks extend gains at Nigerian bourse
The Nigerian equities market extended gains at the end of trade Thursday, June 8, 2017, with the bourse’s All Share...
Read moreDetailsOil prices trim losses despite concerns over rising output from Nigeria
Oil prices pared losses on Thursday, having hit one-month lows earlier in the day after unexpected surge in U.S. inventories...
Read moreDetailsGlobal food import bill set to rise above $1.3 trn in 2017
Total global food import bill is set to rise this year, following a jump in food prices in the month...
Read moreDetailsSmall power investors get NERC’s nod to produce, distribute electricity to consumers
The Nigerian Electricity Regulatory Commission (NERC) has given the nod to small power investors to participate in the mini grid...
Read moreDetailsNigeria falls behind Egypt in foreign reserves, first time in six years
Egypt’s foreign-exchange reserves have overtaken Nigeria’s for the first time since 2011. The North African country, which floated the pound...
Read moreDetailsForex liquidity eases trade financing pressures on Nigerian banks
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly referred to as the "Investors' and Exporters' FX Window", appears...
Read moreDetailsPwC points to global mining rebound as profitability returns to industry
Mining industry is once again offering opportunities for investment as aggregate returns in the industry are looking north. According to...
Read moreDetailsNigeria’s oil export gets boost as Shell lifts Forcados force majeure
Royal Dutch Shell Tuesday lifted the force majeure on exports from the Trans Forcados pipeline, which has been closed since...
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