Petroleum is sold between N300 to N400 in some places in Abuja and Lagos while the activities of black marketers who sell above N500 have also...
A major pipeline supplying crude oil to the United States remained shut
Oil prices rebound on Thursday following China’s announcement that it was easing COVID-19 measures imposed to curb the spread of the virus. China on Wednesday announced the...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA What could have been a really positive week for equity markets is off to a much...
The federal government has revealed that Nine oil-producing states pocket N625.43 billion as 13 percent oil derivation, subsidy, and SURE-P refunds in just two years. This...
Oil prices have rebounded strongly over the last few days - up around 10% from the lows - buoyed by the prospect of a lower price...
The official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has dried up steadily from above US$3.0 billion monthly in 2014 to an...
The euro is a little higher on the day against the dollar after CPI data for the currency bloc slowed to 10%, far below market expectations...
Crude oil appreciated on Tuesday on signs global supply is declining amid better-than-expected optimism on Chinese economic recovery and a weaker dollar. But the likelihood that...
Stocks in China soared after a difficult start to the week, on the hope that the country's zero-Covid policy stance may be relaxed further.