Forte Oil Plc recorded a profit after tax of N5.79bn in 2015, representing a 30 per cent increase over the previous year. The company, while announcing...
Oil prices surged as much as 12% on Friday after new suggestions that Opec nations were set to cut oil production. The United Arab Emirates’ energy...
The global equity bear market deepened in Asia, with Japanese stocks suffering their worst week since 2008 amid anxiety over central banks’ ability to revive the...
Yields on Japan’s benchmark 10-year government bond fell below zero for the first time, as investors clamor for safe-haven assets in the wake of a global...
The global Extractive Industries Transparency Initiative on Monday declared that there was a high probability of suspending Nigeria’s membership of the body, because the country had...
Royal Dutch Shell said fourth-quarter earnings tumbled 44 percent as the collapse in oil prices took its toll on another global energy giant. Profit adjusted for...
U.S. stocks fell, as commodities from copper to gold advanced amid a slide in the dollar that was fueled by speculation global growth may not be...
The value of equities in the Nigerian Stock Exchange appreciated by N121bn on Thursday in a second-day gain after straight losses for 10 days. This feat...
Iran’s return to an already oversupplied oil market appears set to put further pressure on Nigerian crude oil, which has been struggling to sell in recent...
Turmoil returned to global markets as oil plunged and European stocks sank to the lowest levels in 13 months, fueling a rush into haven assets. Earnings...