The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has appealed to the federal government for a N100 billion bailout to alleviate the devastating impact...
Oil prices eased on Thursday on reports the US and Israel will try to restart talks on a possible ceasefire in Gaza. Brent oil settled 58...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has said the Nigerian National Petroleum Company (NNPC) Limited has commenced the repayment of...
The Naira weakened to N1,700 against the United States Dollar on the black market on Wednesday and extended this outcome further in the official foreign exchange...
Oil prices fell on Wednesday after data showed that US crude inventories rose as traders continued to consider the conflict in the Middle East. Brent crude...
The International Monetary Fund (IMF) has blamed the downgrade of Nigeria’s economic growth particularly on the effects of recent inflation, flooding and oil production setbacks. In...
Brent crude rose $1.75 or 2.4 percent to settle at $76.04 per barrel as traders ignored the possibility of a ceasefire in the tension-filled Middle East...
The Naira closed strong in the parallel market but weakened further in the official foreign exchange (FX) market as seasonal demand continued to affect the currency...
The International Monetary Fund (IMF) has approved a set of reforms that will help it support Low-Income Countries (LICs) from shocks over the long term. The...
The Naira depreciated at the Nigerian Autonomous Foreign Exchange Market (NAFEM) and the parallel market on Monday, signifying more worries for the local currency. At the...
