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...
Worries about Iran’s return to an already oversupplied oil market drove down global benchmark, Brent crude on Monday to as low as $27.67 per barrel, its...
Brent crude fell to a 12-year low in London, briefly dipping below $28 a barrel, after the lifting of international sanctions on Iran paved the way...
With crude oil trading around $30 per barrel in the international market from a peak of $114 in June 2014, production from Nigeria now faces a...
Egypt stocks continued to fall on Sunday in line with regional markets as global oil prices hit new lows after economic sanctions on Iran were officially...