Business News
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234OPEC Confirms Rise in Nigeria’s Oil Production
The Organization of Petroleum Exporting Countries (OPEC) has confirmed a marginal output increase in Nigeria’s oil production despite reporting output falls in December...
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253Why Some Stations Sell Petrol Above ₦1,000/Litre –Marketers
Marketers of petroleum products say filling stations still sell Premium Motor Spirit, otherwise called petrol, above N1,000 per litre because they have...
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245Oil Rises on Tighter OPEC Supply, US Jobs Data
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs...
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234Nigeria’s Crude Output Surpasses 1.5mbpd, First Time In 4 Years –OPEC
Nigeria’s crude oil production has surpassed 1.5 million barrels per day (mbpd) for the first time in four years, surpassing its December...
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228‘Tax Reforms Bills Presentation Altered Jan. to Dec. Budget Cycle Tradition’
The Chairman, Senate Committee on Appropriation, Solomon Adeola, said yesterday that the tax reform bills presented to the National Assembly by President...
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259Oil Prices Dip as Demand Optimism Fades
Oil prices eased on Tuesday, extending losses into a second consecutive session after last week’s rally, although concerns about tighter Russian and...
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170Crypto’s Friend in The White House?
As 2022 drew to a close the outlook was bleak for the cryptocurrency business. One of its best know firms, FTX, had...
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173How Govt Raised Oil Production to 1.8mbpd –Minister
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has disclosed how the Federal Government attracted foreign investors to boost oil...
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248Marketers Seek ₦100b Loan to Prevent Closure of 10,000 Businesses
Still bleeding from the effect of the removal of fuel subsidy, marketers under the auspices of the Petroleum Products Retail Outlet Owners Association...
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194Oil Eases From Near 3-Month Highs Amid Strong Dollar Ahead Of Economic Data
Oil prices slid on Monday amid a strong U.S. dollar, concerns over sanctions and ahead of key economic data by the U.S....
