ECB Moves Toward Stimulus Exit; Keeps Rate Unchanged The European Central Bank (ECB) on Thursday in Tallinn said borrowing costs will remain at current level, zero...
US Oil Output Nears New Record High US crude oil production will, for the first time in nearly 50 years, climb to 10 million barrels per...
Stocks Resume Rally, International Breweries Appreciates by 10.22% The Nigerian equities market continued on its two-week rally on Wednesday, recovering from Tuesday’s loss after oil and...
An Unusually Packed Thursday Will Test Markets The world’s on edge over everything from rising tension in the Middle East to an uncertain U.K. election to...
Gulf Banks to Cut Qatar Exposure as Wider Sanctions Seen Some banks in Saudi Arabia, the United Arab Emirates and Bahrain are cutting their exposure to...
Nigeria’s Forcados Oil Comes Back in Fresh Blow to OPEC Curbs Royal Dutch Shell Plc lifted restrictions on exports of a key Nigerian crude oil, 472...
Santander to Take Over Popular as ECB Says Bank Was Failing Banco Santander SA agreed to buy Banco Popular Espanol SA for a nominal 1 euro...
Flight to Havens Eases; Bank Rescue Spurs Equities A measure of calm returned to markets on Wednesday, as investors started to reassess the risks surrounding a...
OPEC’s Newest Member Calls on African Nations to Join Oil Group Equatorial Guinea, OPEC’s newest member, called on fellow African producers to band together to protect...
Nigeria Earns $592.34 Billion From Oil, Gas in 15 Years The Federal Government earned about $592.34 billion from the oil and gas sector from 1999 to...