Nigeria, Other Emerging markets Face Debt Crisis Falling foreign reserves, rising capital flights, weak currencies and rising debt obligations amid global health crisis have left many...
Oil Prices Pullback on Monday as OPEC Postpones Meeting Oil prices slightly pulled back on Monday during the Asian trading session after OPEC postponed the meeting...
Gas Shortage Hinders 10,362.5mw Gas shortage to thermal power plants between April 2 and 4 hindered the generation of 10,362.5 megawatts of electricity, according to power...
FG Receives Medical Supplies From Turkey In a bid to curb the spread of coronavirus in Nigeria, the Federal Government has acquired medical supplies from Turkey....
OPEC Postpones Meeting With Russia to April 9, 2020 Following President Trump’s tweets that the two of the world’s largest oil producers, Saudi Arabia and Russia,...
Crude Oil Rises to $36 Per Barrel Crude oil rose to a record high in recent weeks after President Trump tweeted that Saudi Arabia and Russia...
Oil Prices Rebound Amid Possible Deal Global oil prices on Thursday rebounded amid hopes of a supply deal between OPEC led Saudi Arabia and Russia. President...
Oil Producers to Shutdown Oilfields Amid Low Prices Crude oil producers may start shutting down oil fields as the high cost of producing a barrel in...
African Countries Seek Debt Relief from IMF, World Bank In an effort to reduce the impact of coronavirus on African nations, the continent finance ministers have...
Ventilators: Nigeria Approaches Elon Musk for Help The Federal Government through the Ministry of Finance on Tuesday reached out to South African-American billionaire and founder of...