The latest report from the Labor Department shows that inflation in the U.S. economy cooled in March, indicating that the Federal Reserve’s interest rate increases are...
The Organization of the Petroleum Exporting Countries (OPEC) has recently flagged downside risks to summer oil demand as a backdrop to output cuts announced this month...
Oil prices took a dip on Thursday as the possibility of a recession in the United States, the world’s largest oil consumer, overshadowed worries about tight...
Mastercard has announced that it will require all newly produced plastic payment cards to be made from sustainable materials starting January 1, 2028. The move comes...
The Nigerian Federal Government has announced that it will impose a fine of $49 million (N22 billion) on oil and gas firms operating onshore for flaring...
The International Monetary Fund (IMF) has projected that Nigeria’s economic growth will decline from 3.2 percent in 2023 to 3.0 percent in 2024. The IMF retained...
In the past three years, Nigeria has paid an astounding N5.83tn in subsidies on petroleum products, according to reports by the National Bureau of Statistics (NBS)....
Oil prices have steadied as the market awaits the U.S. inflation data that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude...
The producer of Peak Milk, FrieslandCampina WAMCO Nigeria PLC, has issued a public apology to the Christian Association of Nigeria (CAN) for a controversial social media...
In 2022, the telecommunications sector attracted $456.82 million in foreign investments, a significant increase of 325.12% compared to the previous year’s figure of $107.46 million. This...
