Iran Says It Can Quickly Hike Oil Output If Sanctions Are Lifted
Iran’s Oil Minister Bijan Namdar Zanganeh said his country has taken “many measures” to ensure it can raise crude…
Banks To Remain Resilient Despite Inflation, Currency Headwinds’
Vetiva Research has predicted that the banking sector will remain resilient despite high inflation and…
UAE Rejects Extension Of OPEC+ Oil Production Deal To End-2022
The United Arab Emirates said it rejects a plan by other members of OPEC+ to extend the group’s agreement…
NIMASA Introduces New Certificates Of Ship Registration
The Nigerian Maritime Administration and Safety Agency (NIMASA) has begun issuance of new certificates of ship…
FG Moves To Tackle Underage Gaming
ABUJA–THE Federal Government through the National Lottery Regulatory Commission, NLRC, has concluded plans to…
Nigeria Looking To Mix Of Chinese And European Lending For Rail Projects
Nigeria is negotiating a mix of loans from Chinese and European lenders to fund railway projects in the…
Nigeria’s Finance Minister Projects Sturdier Expansion Up To 2024
(MENAFN) Nigeria’s finance minister Zainab Ahmed has stated that the nation is projected to exit an economic…
SEC Issues Interoperability Framework Among CSDs
The Securities and Exchange Commission has issued an Interoperability/Financial Markets Infrastructure Link…
H2 Outlook: Analysts Tip Non-Oil Sector To Drive Growth As GDP Eyes 2.63% Y/Y
The non-oil sector has been tipped to drive the economy in the second half of 2021. Inflation which has maintained…
Gas Marketers: Naira Devaluation, Huge Supply Gap Responsible For Surge In Cooking…
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) says naira devaluation and huge supply gap…
FG Approves Award Of Bayelsa Oilfield To New Owners
The federal government has approved the handing over of the Atala oilfield, a revoked asset hitherto owned by the…
NNPC Says No Petrol Price Increase In July
The Nigerian National Petroleum Corporation (NNPC) has said the official price of a litre of Premium Motor Spirit…
Oil Prices Could Skyrocket If OPEC+ Fails In Pledge To Deliver More Supply
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual…
Economy At Half Year: Investors Lose N1.2tr, Naira Depreciates By 8 Per Cent
Nigeria’s economic and financial health status deteriorated sharply in the first half of this year as rising…
Bank Of England’s Andy Haldane Warns Of Inflation Rises
The Bank of England’s outgoing chief economist has warned that inflation could rise by more than expected and force…
Reps Pass PIB
The House of Representatives on Thursday passed for third reading the Petroleum Industry Bill 2021.
Chairman of…
World Not Ready For 240 Million Migrants If Nigeria Implodes, UN Warns
The United Nations has warned youths not to work against the interest of the country, saying the world won’t be…
Bill Cosby Freed After Top Court Overturns Sexual Assault Conviction
US comedian Bill Cosby has left prison hours after his sexual assault conviction was overturned by Pennsylvania's…
A Top European Drone Maker Fears It May Get Blacklisted By China Amid Geopolitical…
The boss of French drone maker Parrot believes that China could blacklist his company in the same way that the…
Windows 11 Will Look Different From What You’re Used To — Here Are Some Of The…
With Windows 11, Microsoft is introducing modern touches to the experience of using a PC.
Most noticeably, a…
Charts Show Africa’s Set For Higher Interest Rates
Africa’s oldest central bank celebrates its centenary Wednesday just as it started -- steering South Africa through…
Oil Price Predicted To Hit $100/Bbl In 2022
Crude oil price may surge to $100 a barrel next year as travel demand rebounds, the Bank of America Corp. has…
FG To Remove Over 3000 Shipwrecks From Coastline
With over 3,000 shipwrecks littering Nigeria’s coastline, the Federal Executive Council (FEC) has…
Nigerian Banks Stocks Cheaper Than African Peers – Report
Despite a significant rally in their share prices in recent time, share prices of banks qouted on the Nigerian…
Shippers’ Council Shut Down Firm Collecting Charges In Dollar
The Nigerian Shippers’ Council (NSC) has shutdown Associated Port & Marine Development Company Limited (APMDC)…
Bitcoin Will Plunge To $25,000, Says JPMorgan
JPMorgan Chase’s analysts have said that bitcoin price will decline to the $25,000 level before longer…
Nigeria’s External Reserves Drop By Over $100m In Three Days
Nigeria’s external reserves fell by $100 million in three days, from June 26 to June 28, as the figures…
Dollar Set For Best Month Since March, Payrolls Test Looms
The dollar was heading for its biggest monthly rise since March on Wednesday, supported by traders’ trepidation…
India Sees Return To Normal Oil Demand By Year-End
India expects fuel demand to get back to pre-virus levels by the end of 2021 as the world’s third-biggest oil…
China’s Digital Yuan Is Key Risk For Euro, ECB’s Villeroy Says
China’s rapid progress in developing a digital yuan poses a key risk in preserving the euro’s international role,…