Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services,...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it...
U.S. Second-quarter Productivity Growth Unrevised at 2.9 Percent The Labor Department said on Thursday nonfarm productivity, which measures hourly output per worker, increased at an unrevised...
EMERGING MARKETS: Trade Woes Knock Emerging Stocks, Currencies Get Reprieve Emerging stocks flirted with fresh 14-month lows on Thursday amid escalating trade tensions, though many battered...
Nigeria Will Export Marijuana if I Become President, Says Sowore The publisher of Sahara Reporters, Omoyele Sowore, says Nigeria will export marijuana if he gets elected...
Cryptocurrency: Bitcoin, Others Plunge on Thursday Bitcoin and other cryptocurrencies plunged on Thursday following a report that Goldman Sachs was dropping its plans to open a...
Prices, Others Threaten Cashew Falling international prices and reduced demand for Nigerian cashew are threatening government’s projected foreign exchange (forex) earnings from the produce, it was...
Energy Thieves Must be Jailed, Govt Urged The Federal Government should bring people who perpetrate energy crimes and related offences to book if it is really...
Experts to African Govts: Restore Degraded Landscape African governments must restore degraded landscapes to hasten green and inclusive growth on the continent, experts have said. They...
Saudi Arabia Plots to Push Oil Prices to $80 Despite pressure from the United States (U.S) to keep prices in check, Saudi Arabia is desperately attempting...
‘Why Deepwater Fields Produce 41% of Nigeria’s Total Oil Output’ Oil production from deep-water acreages, carried out through the production sharing contract (PSC), accounts for 41...
Nigeria Okays $6.7b Plan for Northeast Reconstruction The Federal Government says it has developed a N6.7 billion plan for the reconstruction, rehabilitation and resettlement of northeast...
