S. African Central Bank Sees High Risk of More Credit Downgrades South Africa faces a high risk and probability of further downgrades to its credit ratings,...
Danger as Some Non-OPEC Members Still Over-produce Oil The Organisation of Petroleum Exporting Countries, OPEC has raised alarm that the volatile market remains under threat because...
Russian Oil Output Declines, Almost at Global Pact Target Russian oil production edged down to 11.00 million barrels per day (bpd) in April from 11.05 million...
FG to Stop Sponsoring Delegates to Oil Conference From 2018 The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has declared that the Federal Government...
U.K. Manufacturing Growth Surges to Fastest in Three Years U.K. manufacturing unexpectedly grew at the fastest pace in three years in April as the domestic market...
China’s $11 Trillion Economy and Markets Are in a Tug of War China’s run of solid economic indicators proved little consolation for its shaky financial markets...
Asia Stocks Rally on Earnings Views; Aussie Climbs Asian stocks climbed, with many of the region’s equity markets rallying after holidays as investors focused on stronger...
Australia Holds Rates as Inflation Speeds Up, Stimulus Signs Mount Australia kept interest rates unchanged as faster inflation and signals of looming fiscal stimulus combine with...
Oando Posts N1.7bn PAT, Raises Revenue By 116% The storm appears over for one of Nigeria’s oil giants, Oando Plc, as it posted N1.7 billion profit...
Nigeria Spends over $100m Annually to Import Sugar The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has declared that the apex bank...
