Oil Market Heading Towards Balance – OPEC OPEC Secretary-General Mohammad Barkindo said on Thursday that an overhang in global oil inventories was declining but stockpiles still...
Libya’s Biggest Oil Field to Reopen as Refinery Back On Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to...
ECB Keeps Policy Settings Unchanged Awaiting Political Clarity The European Central Bank kept interest rates unchanged at record lows and maintained its quantitative-easing program as officials...
Dollar Pares Decline After Nafta Anxiety Defused The dollar recovered early losses after U.S. President Donald Trump ruled out a withdrawal from Nafta. European stocks fell...
MasterCard Introduces Fingerprint Payment Cards One of the world’s largest credit card providers, MasterCard, has started testing its new biometric credit card that includes a user’s...
FG Seeks $5.85bn From China for Railway Projects President Muhammadu Buhari is seeking approval from the National Assembly for a proposal to borrow $5.85bn from China...
Exposing Nigerian Looters’ Assets in The UK Many countries across the world are safe havens for corrupt Nigerian public officials and white-collar crooks. The United Kingdom,...
Draghi Says Recovery Is Broad While Inflation Fails to Convince Mario Draghi showed growing enthusiasm about the state of the euro-area economy, while cautioning that inflation...
Asian Equities, Yen Maintain Declines After BOJ Asian stocks were mostly lower after a five-day rally as the Bank of Japan cut its inflation forecast while...
CBN Auctions $185.86m in Retail SMIS as Naira Stable at N382/$ The Central Bank of Nigeria (CBN) yesterday sold $185.86million at the retail Secondary Market Intervention...