$90 per barrel- Very little spare capacity in the market leaves $90 for a barrel of oil a very likely prospect by November, one industry expert told CNBC.
Middle East oil ministers told CNBC Monday that they didn't believe oil prices would rise above even $80 in the near term, particularly…
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Concerns over rise in fuel consumption
"Concerns over rise in fuel consumption" A former Minister of State for Petroleum Resources, Odein Ajumogobia,…
Nigerian retailers not affected by Ghana quit notice
"Nigerian retailers" Ghanaian government has assured that Nigerian traders were not affected by the recent quit…
AEDC begins installation of 222,728 meters tomorrow
"AEDC begins installation" The management of Abuja Electricity Distribution Company (AEDC) says it will flag…
Stock market upbeat as capitalisation gains N76 billion
"Stock market upbeat as capitalisation gains N76 billion" The Nigerian Stock Exchange (NSE) closed on an upbeat…
How FAAC overpaid states N10bn in bailout funds — Auditor-General
Office of the Auditor-General of the Federation has revealed that the Federation Accounts Allocation Committee,…
CBN orders banks to refund N65bn to Nigerians
CBN orders banks to refund N65bn to Nigerians: The Central Bank of Nigeria (CBN) has disclosed that it had…
SEC advises investors on shares, warns against ponzi schemes
SEC advises investors on shares, warns against ponzi schemes: The Securities and Exchange Commission (SEC) has…
Senate approves N348b subsidy payment to 74 oil marketers
Senate approves N348b subsidy payment to 74 oil marketers: The Senate has approved the payment of N348 billion as…
New cement factory to provide 12,000 jobs — BUA CEO, Rabiu
New cement factory to provide 12,000 jobs — BUA CEO, Rabiu, The BUA Group chairman, Abdulsamad Rabiu,…
‘Micro grid option of power generation best’
WATT Renewable Corporation Chief Operating Officer, Oluwole Eweje, has urged communities across the country to…
Why lower naira notes are scarce, by CBN
Why lower naira notes are scarce, by CBN: The Central Bank of Nigeria (CBN) yesterday blamed the scarcity of…