Business

Oil Prices Tumble to One-Year Low, Begins Recovery After Rumoured Planned OPEC Cut

OPEC and allies including Russia, a group known as OPEC+, will meet on December 4, to decide the next line…

2 years ago

NNPC, Major Marketers Intensify Collaboration to End Fuel Scarcity

They called for a quick intervention by the federal government to improve petrol supply.

2 years ago

Nigeria’s Debt Service Burden to Soar as Local Borrowing Costs Jump to Five-Year High

Since May, the apex bank had lifted rates by 500 basis points to 16.5 per cent.

2 years ago

Nigeria’s Inflation Rate will Fall Steadily to Less than 15% by Q4 2023, Says CBN Chief Emefiele

He says the apex bank is succeeding with various monetary policy measures.

2 years ago

Petrol Scarcity Worsens in Lagos as Transporters Allege Rationing By Marketers

Transport fares have soared by 200% in Lagos.

2 years ago

Air Peace Resumes Uyo Operations December 1, Announces N50,000 Uyo Re-Launch Fare

The airline recently received 6 Airbus aircraft to support its domestic and regional operations.

2 years ago

EU Frets Over Twitter Job Losses as Hate Speech Grows

Tech entrepreneur Musk moved to cut around half of Twitter's 7,500 workforce

2 years ago

Musk Sets Twitter Poll for ‘General Amnesty’ of Suspended Accounts

"Should Twitter offer a general amnesty to suspended accounts, provided that they have not broken the law or engaged in…

2 years ago

EU to Warn Twitter and Facebook to Stick to Rules

The social media giants' EU operations are based in Ireland, and Brussels is worried that a wave of job losses…

2 years ago

Oil Price Slumps on Reported OPEC’s Plan to Raise Production by 500,000bpd

Nigeria’s benchmark Brent oil sold for $86 per barrel while the West Texas International slumped to $78.

2 years ago