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Organisation of Petroleum Exporting Countries (OPEC) | Reuters

Oil price stabilises over supply cut by OPEC

Oil prices rose by one per cent yesterday as traders expected top exporter Saudi Arabia to push the Organization of Petroleum Exporting Countries (OPEC) to cut supply toward year-end.

Qatar asks US to probe financial manipulation by UAE

Qatar's central bank has asked US regulators to investigate an Emirati bank that Doha accuses of waging "financial warfare" against it.

Zimbabwe, Malawi ban South African meat products

Zimbabwe and Malawi on Tuesday banned South African meat products following the outbreak of the listeria disease that has since been linked to meat products from a South African company.

Price of brent crude oil rises to $70 on output cuts

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in US and Canadian drilling activity that points to higher future output in North America.

Bitcoin tops $18,000 in debut on major bourse

Bitcoin surged past $18,000 after making its debut on a major global exchange but was trading lower on Monday, highlighting the volatility of the controversial digital currency that has some investors excited but others nervous.

Oil price nears $70 per barrel

Oil markets were firm on Monday, with Brent crude opening above 60 dollars per barrel on expectations that OPEC-led production cut, due to expire next March would be extended.

Recent Stories

This handout picture taken and released on March 18, 2019 by the United Nations World Food Programme (WFP) shows damages in Beira, Mozambique, in the aftermath of the passage of the cyclone Idai. – A cyclone that ripped across Mozambique and Zimbabwe has killed at least 162 people with scores more missing and caused “massive and horrifying” destruction in the Mozambican city of Beira, authorities and the Red Cross said on March 18, 2019. (Photo by Déborah NGUYEN / WFP / AFP) /

Mozambique city of Beira ‘90% damaged or destroyed’ by cyclone

A cyclone that slammed into Mozambique last week has damaged or destroyed 90 percent of the city of Beira, the Red Cross said Monday, as the death toll in the country and neighbouring Zimbabwe rose to 157.
All Progressives Congress (APC) Nigeria

Court sacks Delta APC factional chairman

A Federal High Court sitting in Asaba, Delta State has sacked the Delta State All Progressives Congress (APC) factional chairman, Jones Erue-led state executive committee.

Facebook to offer grants to bring more to ‘news deserts’

Facebook said Monday it would begin directing some of its funds to support US journalism efforts to so-called “news deserts” with little or no media coverage.

Zenith Bank shareholders approve N2.50k per share dividend for 2018 financial year

Shareholders of Zenith Bank on Monday approved the proposal of the board to pay final dividend of N2.50k per share as dividends for the 2018 financial year.

Governor Obiano: Anambra GDP increases to N4.2 trillion in five years

Gov. Willie Obiano of Anambra, says the Gross Domestic Product (GDP) of the state increased from N3 trillion to N4.2 trillion in the last five years.