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From around $53 per barrel at the start of 2017, international oil benchmark, Brent crude, closed the year around $66.87, a rise that is expected to continue into 2018.
The nation’s banks could lose over N466 billion exposures to the power sector due to new policy by the Nigerian Electricity Regulatory Commission (NERC).
Banks have confiscated and placed on sale 13 tank farms, scores of filling stations, landed properties and exotic cars seized as collateral from debtors in the downstream sector, it was gathered at the weekend, as recovery of $600 million loans in the sub-sector takes a new twist.
La Liga players have been told it should be "normal" for them to have their salaries reduced because everyone else is being impacted financially by the coronavirus pandemic.
The European Union is set to give 15 billion euros’ (16.3 billion dollars’) worth of support to Africa and other regions of the world for their efforts to fight the coronavirus pandemic.
Former Barcelona superstar Ronaldinho has been released from a Paraguayan prison after just 32 days over forged documentation.
Mr Adamu Mohammad, an elder brother to Gov. Bala Mohammad of Bauchi State, who was kidnapped by unknown armed gunmen has been released.
Nigeria has announced 16 more cases of COVID-19, the virus that has killed six people so far in the country.
Scribe of the Nigeria Olympic Committee Olabanji Oladapo has stated that the NOC will not slow down its Olympic preparation and has stated that no matter how you prepare, the Olympics comes with its own tension and anxiety the closer you get to it.
Italy’s record death toll from the novel coronavirus grew by more than 700 on Wednesday, as a top official said that social restrictions were getting harder to bear for the population.
Juventus midfielder Blaise Matuidi has signed a contract extension with the Serie A side through to June 2021.
Amazon has stopped selling N95 respirators, paper surgical masks, face shields, surgical gowns and gloves, and large-volume containers of sanitizer to general consumers, according to Recode.
A virologist has suggested that there is hope of completing the Bundesliga season, but it will mean completing matches behind closed doors and keeping the players under exceptionally close observation.