Oil Producers Announces 13.4mbpd Production Cut The Organisation of the Petroleum Exporting Countries (OPEC) and other top oil producers on Sunday reached a historic agreement to...
OPEC + to Hold Another Meeting on Sunday The Organisation of the Petroleum Exporting Countries (OPEC) and allies will meet on Sunday to discuss the current...
Sub-Saharan Africa to Contract by 5.1% in 2020 Says World Bank The coronavirus pandemic could plunge Sub-Saharan Africa into its first economic recession in 25 years,...
COVID-19: IMF Approves $745m Loan for Tunisia In a bid to ease the economic effect of Coronavirus on Tunisian economy, the International Monetary Fund on Friday...
COVID-19 Cases Rise Over 300 in Nigeria Coronavirus continues to spread in Africa’s largest economy despite measures to contain the spread of deadly disease. According to...
IMF Named Ngozi Okonjo-Iweala Member of Advisory Group The Managing Director of the International Monetary Fund, Kristalina Georgieva, has included the former Minister of Finance, Nigeria,...
FG Partners Local Vehicle Manufacturers to Produce Ventilators The Federal Government has partnered local vehicle manufacturers to commence the production of ventilators in the country, according...
OPEC Reduces Nigeria’s Quota to 1.4mbpd The Organisation of the Petroleum Exporting Countries (OPEC) decision to reduce crude oil production by 10 million barrels per day...
COVID-19: Could Plunge Africa into $75bn Funding Hole -Goldman Goldman Sachs Group Inc had said the present global pandemic could plunge African continent into funding hole...
Russia, Saudi Record Cuts Fail to Lift Oil Prices The globally anticipated meeting between giants oil producers, Saudi Arabia and Russia, failed to lift oil prices...