Business News
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172Oil Steadies Ahead of Key US Jobs Report
Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key U.S. employment data as they weighed...
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167Nigeria Targets 30GW Power Supply by 2030
The Minister of Power, Adebayo Adelabu, has said Nigeria is committed to achieving universal energy access by 2060, with a short-term target...
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168Oil Prices Edge Up as OPEC+ May Delay Supply Hike
Oil prices edged up after plunging to multi-month lows previously as major producers may delay an output increase planned for next month...
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230188 Oil Theft Cases Recorded in One Week –NNPC
The Nigerian National Petroleum Company Limited has disclosed that 188 incidents of oil theft were recorded in the past week. The state-owned...
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192FG to Construct Super Grid to End Incessant Power Collapse
In a bid to stop incessant national grid collapse, the Federal Government has concluded plans to construct what it called a super...
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196
Oil Prices Fall as Weak Demand Overshadows Libya Blockade
Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the...
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188Global Stocks Erase Gains as Dollar Resumes Rally
Asian equities were flat and the dollar and yen rallied against peers in a sign of defensive posturing as traders prepare for...
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197Business Activities Stalled in August –PMI
Business activities in the private sector were broadly stagnant in August, according to the Stanbic IBTC Bank Purchasing Manager Index released on...
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167Fears Over Energy Tax Rises as Business Confidence Falls
Raising the windfall tax on the UK’s oil and gas companies will hit the government’s main goal of growing the economy, the...
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166
Oil Extends Losses on Prospect of Higher OPEC+ Supply
Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in...
