Crude oil pulled back on Tuesday as investors remain cautious ahead OPEC+ meeting scheduled for Sunday. Brent crude oil, against which Nigerian oil is priced, shed...
A recent report by AFEX, the agricultural commodity trading firm, has brought to light the surge in rice consumption in Nigeria. The AFEX Wet Season Crop...
As the tumultuous year for assets in developing countries nears its end, the benchmark MSCI EM Currency Index is on track for its most impressive performance...
Sun Africa LLC, a global entity dedicated to supporting Africa’s energy needs, has announced a commitment of approximately $2.2 billion for the development of Nigeria’s power...
Oil prices surged on Monday amid expectations that OPEC+ might deepen supply cuts to stabilize prices. Brent crude oil, against which Nigerian oil is priced, rose...
Africa’s leading commodities player, AFEX, unveiled its 2023 Crop Production report in Abuja on Thursday, predicting a surge in commodity prices attributed to declining production and...
Oil prices plummeted around 5% on Thursday as concerns over global oil demand following discouraging economic data from the U.S. and Asia intensified. Brent crude oil,...
Oil prices declined on Wednesday as the United States crude oil production rose to a record high. Brent crude oil slid by 34 cents to $82.13...
Global markets experienced a surge as unexpected slowdowns in both U.S. and UK inflation fueled speculation that central banks may halt their aggressive interest rate hikes....
The Niger Delta Power Holding Company (NDPHC) has disclosed that the Central Bank of Nigeria (CBN), the Nigerian Bulk Electricity Trading Plc (NBET), and the Nigerian...