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Business
Oil hits $80, highest since Nov 2014
Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market.
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Budget delay eroding 2018 positive sentiments
A high degree of confidence and optimism remains over Nigeria’s overall growth outlook, following the economic recovery witnessed in recent months.
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Crude surges after Trump tears up Iran deal, equities mixed
Oil prices surged more than two percent in Asia on Wednesday after Donald Trump pulled the United States out of the Iran nuclear deal, fuelling fresh geopolitical uncertainty.
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Nigeria stocks drop to 3-month low after Buhari eyes re-election – Reuters
Nigerian stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of speculation about his future after bouts of ill health.
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Buhari’s economic blueprint does not address Nigerians’ needs — Bill Gates
The present economic templates being used by the Muhammadu Buhari government do not have the ability to address the unique needs of Nigerians at present, American business magnate, Bill Gates, has said.
The philanthropist and founder…
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FG assures businesses of protection in Africa free trade
Nigeria would protect the interest of businesses in the new African Continental Free Trade Area (AfCFTA) agreements, the Foreign Affairs Minister, Mr. Geoffrey Onyeama, has said.
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Oil prices jump, Brent hits approximately $70
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose.
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FG has not cancelled power purchase agreements – Adeosun
The Minister of Finance, Mrs. Kemi Adeosun, on Friday said that contrary to some reports in a section of the media, the Power Purchase Agreements signed by the Federal Government with project developers in the power sector had not been…
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DMO: Nigeria’s debt increased by N1.3trn in three months
Nigeria’s debt stock increased by N1.327 trillion between September 2017 and December 2017.
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NNPC spends N774m daily subsidising petrol –Baru
The Nigerian National Petroleum Corporation (NNPC) has said that it currently spends N774m daily as subsidy on the 50 million litres of Premium Motor Spirit consumed across the country everyday.
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