Supply Side
Forex: Nigerian manufacturers seek policy review, rates unification
Manufacturers and industrialists on Wednesday appealed to the Federal Government and the Central Bank of Nigeria for a review of the available foreign exchange (FX) policies in the country.
Oil prices slide as virus cases rise, demand worries persist
Oil prices eased on Tuesday as coronavirus cases globally continued to rise, but losses were capped amid reports of a blast in Saudi Arabia.
OPEC slashes demand forecast despite coronavirus vaccine rollout
The Organisation of Petroleum Exporting Countries (OPEC) has again reviewed downwards forecasts for oil demand as the cartel and its allies mull a gradual restoration of curbed crude oil supplies, which was first agreed upon in April this year.
President Buhari unveils autogas initiative as fuel alternative
President Muhammadu Buhari, on Tuesday unveiled autogas as alternative for petrol in an expanded programme tagged National Gas Expansion Programme (NGEP).
NAICOM issues licences to seven insurance firms to deepen the market
The National Insurance Commission (NAICOM) has issued its first licence in 35 years to a reinsurance company.
OPEC: Crude oil will remain relevant beyond 2045
Secretary General of the Organisation for Petroleum Exporting Countries, OPEC, Mohammad Barkindo, yesterday, disclosed that despite its current anaemic outlook, crude oil would continue to be relevant in the foreseeable future, up to 2045.
OPEC revises 2021 global economic growth forecast – scribe
The Organization of Petroleum Exporting Countries (OPEC) has revised down its 2021 global economic growth projections to 4.4 from 4.5 per cent forecast in October 2020, OPEC’s Secretary General Mohammed Barkindo has said.
Recent Stories
Nigeria threatens to ban flights from UAE, Netherlands
The task force said the Ministry of Aviation and its relevant agencies have been mandated to take the necessary reciprocal measures as may be permissible under the laws and other international obligations expected to be discharged against Emirates airlines operating from the UAE and other airlines from The Netherlands.
Manchester United boss rules out late title push despite derby win
Manchester United boss Ole Gunnar Solskjaer is refusing to dream of a late title push, believing Manchester City are “too far ahead” despite yesterday’s superb derby win.
NIOB, PSN, 28 others seek more roles for Nigerian professionals
Nigerian Institute of Building (NIOB), Pharmaceutical Society of Nigeria (PSN) as well as 28 other bodies under the umbrella of the Association of Professional Bodies of Nigeria (APBN) have called for more patronage of indigenous professionals.
AfDB approves $1.3 million grant for female financial inclusion research in Africa
The African Development Bank (AfDB) has approved two grants worth $1.3 million for research aimed at increasing women’s access to a range of digital financial services on the continent.
Jurgen Klopp hopes for respite for struggling Liverpool
Liverpool manager Jurgen Klopp hopes a change of competition will give his side a break from their wretched Premier League form that has put their chances of a top-four finish in jeopardy.
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Nigeria records 269 new coronavirus infections
After reporting its lowest COVID-19 daily infection figure in seven months on Saturday, Nigeria recorded another relatively low number on Sunday with 269 new cases.
Ronald Koeman: Barcelona will have a problem if I don’t have a future
Ronald Koeman has addressed the ongoing speculation over his position at Camp Nou, insisting Barcelona "are going to have problems" if he doesn't have a future at the club.
Fire engulfs section of Lagos airport
There was a fire outbreak at a section of the Murtala Muhammed Airport in Lagos on Wednesday.
Anambra poll: PDP fixes date for governorship primary election
The Peoples Democratic Party (PDP) has said that its governorship candidate for the November 6, Anambra State governorship poll will emerge on June 26.
Two men remanded over alleged kidnapping of five-year-old boy
The Yaba Chief Magistrates’ Court, Lagos, on Wednesday ordered the remand of Kamolideen Baale, 28, and Tunde Tawa, 26, over the alleged kidnapping of their neighbour’s five-year-old boy.