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The $57 oil benchmark adopted by the Federal Government in the 2020 budget may be unrealistic as the Central Bank of Nigeria (CBN) has called for its downward review.
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support.
Oil prices rose on Tuesday, reversing early losses on hopes that U.S. President Donald Trump may signal progress on trade talks with China in a speech later in the day, Reuters reported.
Some rice traders at Ota in Ogun on Friday attributed the current hike in the price of local rice to unregulated activities of middlemen distributing the commodity across the country.
China is scouring the world for meat to replace the millions of pigs killed by African Swine Fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken.
Crude oil prices slipped back a little in Asia on Monday, possibly with investors taking some cash off the table ahead of important US and European data.
A newly approved three-drug treatment for tuberculosis will be available in 150 countries, including India and South Africa, priced at 1,040 dollars for a complete regimen, more than twice the cost proposed in the past by advocacy groups for other treatments.
Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, are not expected to help end the trade war between them.
Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand.
Oil rose on Monday on expectations that Saudi Arabia, the world’s largest oil exporter, will continue to support output cuts by OPEC and other producers to prop up prices under new Energy Minister, Abdulaziz bin Salman.
Prices of livestock in Dutse, Shuwarin, Sara and Gujungu markets of Jigawa have remained stable, less than one week to Eid-El-Kabir, investigation by newsmen has revealed.
Prices of rams have gone sky high in Kaduna as Muslims prepare to celebrate the Eid-el-Kabir festival in eight days’ time.
Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili, and other Nigerians expressed concerns about the addition of milk to planned to list of items banned from accessing the official foreign exchange market.
A total of 33 places in the boxing tournament at Tokyo 2020 will be up for grabs at the African Olympic qualifier beginning in Dakar tomorrow.
Mr Emmanuel Atama, the Executive Secretary of the National Cooperative Financing Agency of Nigeria (CFAN), has appealed to the Central Bank of Nigeria (CBN) to use appropriate monetary policy tools to check rising inflation rate in the country.
Imo State Governor, Hope Uzodinma, has sought a refund of over N32billion his predecessors spent on Federal Government’s projects, especially on roads in the state.
South Korea reported its first death from the new coronavirus on Thursday, with 53 new cases of the coronavirus confirmed in a single day to bring the total to 104.
Thailand’s Constitutional Court has ruled that existing laws criminalising abortion are unconstitutional and ordered them to be amended, paving the way for clearer regulation for reproductive rights.
Chief Segun Odegbami has aired his view as per the recent appointment of Joseph Yobo as the assistant coach of the Super Eagles, saying the former defender can learn on the job while undergoing coaching course.
Rangers International Football Club of Enugu on Monday said they have launched an appeal to the League Management Company (LMC) over referee Jacob Gwatsa.
Nigerian Afrofusion singer Adekunle Gold also known as AG, has once again acknowledged his colleague, Kizz Daniel, over his song titled “Jore”.
The Senate on Tuesday confirmed the appointment of Captain Musa Nuhu as the Director-General for the Nigerian Civil Aviation Authority.
Ole Gunnar Solskjaer has warned Paul Pogba’s agent Mino Raiola that it is the club who will decide the French World Cup winner’s future.