Oil prices resumed their push higher Tuesday as several countries kicked against Donald Trump’s demand that they help secure the key Strait of Hormuz, while Iran continued to target crude-producing…
Read More Oil prices jump again as worries grow over Hormuz
The National Bureau of Statistics (NBS) on Monday said Nigeria’s inflation rate declined marginally from 15.1 percent in January to 15.06 percent in February. The data is captured in the NBS consumer…
Read More Nigeria’s inflation rate drops to 15%
Presidential hopeful of the African Democratic Congress (ADC), Mr. Peter Obi, has blamed Nigeria’s vulnerability to global economic shocks on the country’s failure to maintain strategic petroleum reserves. In a…
Read More Rising fuel prices show consequences of poor planning – Peter Obi
The Dangote refinery has increased the ex-gantry price of its petrol to N1,175 per litre. Sources at the refinery told an online publication that the refinery increased the price by…
Read More Again, Dangote refinery increases ex-gantry petrol price by N100 to N1,175/litre
The Central Bank of Nigeria (CBN) has asked commercial banks to restrict loan defaulters, specifically large-ticket obligors, from accessing credit facilities. A large ticket obligor is a borrower (an individual…
Read More CBN directs banks to block loan defaulters from accessing credit facilities – Report
