Recent news reports have claimed that foreign airlines in Nigeria are shutting down their operations due to trapped funds. However, new information suggests that these claims...
Lawyers representing more than 13,000 Nigerians have accused Shell Plc of attempting to protect itself from scrutiny over pollution in Nigeria’s oil-producing Niger Delta. The Bille...
Tech executive and founder of mobile payment platform Cash App, Bob Lee, has been reportedly murdered in San Francisco, California, USA. Officers who visited the scene...
Following the Organization of the Petroleum Exporting Countries (OPEC) and its allies’ 1.66 million barrels per day (bpd) crude oil production cut on Sunday, global oil...
Nigeria’s borrowing from China jumped a whopping 209.15 percent under President Muhammadu Buhari’s administration. This startling revelation was disclosed by the Debt Management Office (DMO) which...
Nigeria’s external reserves declined by $1.46 billion in the first quarter (Q1) of 2023 from $36.67 billion to $35.53 billion, according to data obtained from the...
On Sunday, Saudi Arabia and other OPEC+ oil producers announced an unexpected reduction in oil output cuts of around 1.16 million barrels per day. The move,...
Oil prices were holding steady on Friday as investors awaited the release of key U.S. inflation data that could provide clues on future interest rate moves....
A report compiled by Comité Champagne shows that Nigeria, Africa’s largest economy imported 644,452 bottles of Champagne estimated at N11.525 billion or £25.3 million in 2022....
Nigeria's external reserves grew by $1.063 billion within 24 hours on March 28, 2023 to $36.668 billion in a move suspected to be inflow from the...