Tag: Oil
A consortium of Civil Society Organisations (CSOs) has asked the Central Bank of Nigeria (CBN) to ensure level playing ground for all oil marketers in accessing Foreign Exchange (FOREX) for importation of petroleum products. SEE ...
Mr Clement Agba, the Minister of State for Finance, Budget and National Planning, says the Niger Delta region has more than oil to offer the country. SEE ALSO: Three Bank CEOs Quit NESG Board Over Stance On ...
Oil prices fell on Wednesday after an industry group reported a surprise rise in U.S. crude, adding to worries about demand that led to a steep selloff earlier in the week. SEE ALSO: Three Bank ...
Oil prices rose on Monday as a tropical storm in the Gulf of Mexico prompted drillers to evacuate rigs and shut-in production. SEE ALSO: NSE’s Trading Indices Remain Upbeat By 0.13% Although gains were muted ...
Mr Segun Awolowo, the Executive Secretary, Nigeria Export Promotion Council (NEPC), says active implementation of the Zero Oil Plan will boost Nigeria’s foreign exchange earnings in the face of economic contraction caused by COVID-19 pandemic. ...
Brent crude oil prices rose on Wednesday, lifted by U.S. producers shutting most of their offshore output in the Gulf of Mexico ahead of Hurricane Laura and optimism over China-U.S. trade talks. SEE ALSO: Dollar ...
Oil prices fell on Thursday as major producers warned of a risk to demand recovery if the coronavirus crisis is prolonged as U.S. crude inventories dropped less than expected. SEE ALSO: NSE: Trading returns to ...
Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up. SEE ALSO: IMF approves $7.6 million debt relief to ...
Oil prices climbed on Monday, supported by Saudi optimism about Asian demand and an Iraqi pledge to deepen supply cuts. SEE ALSO: 16 Ships Loaded With Food Items, Other Goods, Arrive Lagos Ports Although uncertainty ...
Oil prices edged higher on Monday, helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China. SEE ALSO: ...
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