The ongoing conflict in the Middle East and the election in the United States bolstered crude oil prices on Friday. Brent crude settled up $1.67, or...
Oil prices eased on Thursday on reports the US and Israel will try to restart talks on a possible ceasefire in Gaza. Brent oil settled 58...
The Nigerian National Petroleum Corporation (NNPC) announced on Thursday that a helicopter en route to the NNPC FPSO, NUIMS Antan, had disappeared. According to the NNPC,...
The Naira weakened to N1,700 against the United States Dollar on the black market on Wednesday and extended this outcome further in the official foreign exchange...
Oil prices fell on Wednesday after data showed that US crude inventories rose as traders continued to consider the conflict in the Middle East. Brent crude...
Brent crude rose $1.75 or 2.4 percent to settle at $76.04 per barrel as traders ignored the possibility of a ceasefire in the tension-filled Middle East...
The Naira closed strong in the parallel market but weakened further in the official foreign exchange (FX) market as seasonal demand continued to affect the currency...
Oil prices traded 2 percent higher on Monday as the fight in the Middle East ragged on amid heightened Israel retaliation against attacks by Iran earlier...
United Bank for Africa, Nigeria’s leading financial institution with operations across the African continent, on Monday reported a 169.9% jump in interest income from N666.291 billion...
Crude oil is up nearly 1% today across both major benchmarks, following a five-day losing streak. Oil’s gains come after the People’s Bank of China cut...