Ventures Africa rich list names Rabiu, Ovia, Omokore, amongst Africa’s billionaires

More Nigerians have joined the continent’s billionaire league, according to a new study undertaken by African business magazine and news service, Ventures Africa. The...

Fed Govt cuts costs of registering businesses

To encourage local and foreign investors, the Federal Government has slashed the cost of registering businesses by half. The Minister of Industry, Trade and Investment, Mr. Olusegun...

Despite insecurity, crude theft, Nigerian economy remains strong – IMF

Notwithstanding the insecurity in the northern part of Nigeria and crude oil theft, which has negatively affected the nation's revenue base, the International Monetary...

OPEC daily basket price stood at $106.45 a barrel Monday, 7 October 2013

The price of OPEC basket of twelve crudes stood at 106.45 dollars a barrel on Monday, compared with $106.94 the previous Friday, according to OPEC Secretariat calculations .  The...

Brent rises above $110, demand outlook cloudy

Brent crude oil rose above 110 dollars a barrel on Tuesday. Gains were, however, likely to be short-lived given an improved oil supply outlook and...

Equities shed 0.2% as Forte Oil leads gainers

Trading in equities closed on bearish note on the Nigerian Stock Exchange yesterday, following sell- offs from prospective investors. Specifically, the All Share Index depreciated...

APC governors tackle NNPC over oil revenue

The 11 governors of the All Progressives Congress (APC) under the aegis of the Progressive Governors’ Forum Monday challenged the Nigerian National Petroleum Corporation...

“Nigeria not broke”, Okonjo-Iweala insists

The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, Monday insisted that the economy was not broke, even as she...

OPEC daily basket price stood at $106.94 a barrel Friday, 4 October 2013

The price of OPEC basket of twelve crudes stood at 106.94 dollars a barrel on Friday, compared with $106.79 the previous day, according to OPEC Secretariat...

Brent slips towards $109

Brent futures edged down towards $109 a barrel on Monday as oil production resumed in the Gulf of Mexico after a tropical storm, while...

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