Oil output of members of the Organisation of Petroleum Exporting Countries (OPEC) rose in September to its highest since April 2020, as Nigeria’s production also recovered from involuntary losses.
[bc_video video_id=”6275095035001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] The former Emir of Kano, Muhammadu Sanusi II, yesterday identified corruption, poor leadership and wrong-headed
Member, Presidential Economic Advisory Council, Bismarck Rewane, analyses President Buhari’s Independence Day address on the economy… [bc_video video_id=”6275130630001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%”
About 5.3 million passengers travelled through Nigerian airports in the first half of 2021 as against 4.9 million recorded in the first half of 2020. The figure which represented
Venezuela is set to debut a new currency that will feature six fewer zeros, a response to years of some world’s worst inflation. The highest denomination of the Venezuelan bolivar
[bc_video video_id=”6275052572001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] After eight years of planning and billions of dollars in spending, the Middle East’s first
[bc_video video_id=”6275047807001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ] Leading global luxury brand Montblanc, in partnership with Polo luxury group, have opened a
The Federal High Court, Abuja on Thursday okayed the take-off of the Central Bank of Nigeria Digital Currency (CBDC) also known as the eNaira. This emerged just as a civil
The Organisation of Petroleum Exporting Countries (OPEC) lost over $240 billion last year, following the collapse in demand and prices due to the Covid-19 pandemic, the cartel’s Annual Statistical Bulletin
Nigeria’s Court of Appeal in Abuja on Thursday joined Lagos State as a respondent in the appeal challenging the judgment of a Federal High Court which faulted the federal government’s
China Evergrande Group missed paying bond interest due on Wednesday, two bondholders said, its second unpaid offshore debt payment in a week, although the cash-strapped company is scrambling to meet
In a revolutionary move bound to change Africa’s media landscape, Nigeria’s mosf-authoritative newspaper THISDAY will be available to potentially 75 million Nigerian subscribers on the MTN network. THISDAY is now
Nearly 600 United Airlines employees face being fired after failing to comply with the firm’s Covid-19 vaccination policy. The vast majority of its 67,000 US staff have supplied proof of
The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday projected a growing global oil demand from mid-2030s to 108 million barrels per day (bpd), after which it might begin to
Nigeria’s state-owned oil company, the NNPC will again make a huge deduction of N149.2 billion from the federation’s joint account when the Federation Account Allocation Committee (FAAC) meets next month,
As Nigeria continues to grapple with revenue shortfall and has gone borrowing to finance its huge budget deficit with debt service gulping as much as 98 per cent of its
About a week after plans by the US to end travel restrictions were announced, Lufthansa is experiencing a further boom for flights to the United States. On certain days in
Ahead of the launch of the Central Bank of Nigeria’s digital currency, the official website for the eNaira went live at the weekend and recorded over a million hits in
Access Bank Plc has launched it’s $500 million Senior Unsecured Eurobond. Standard Chartered Bank is collaborating with the bank, acting as Joint Lead Manager (JLM) on the bond. Standard Chartered
Nigeria, Egypt and South Africa dominate 80 percent of Africa’s portfolio investment market in the last decade and also account for about a 3rd of the incubators and accelerators. The
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