Nigerian and those slaps of suffering
I sorry sorry o, I sorry for Nigeria I sorry sorry o, I sorry for Africa Sorry sorry o (trice) But with these kind of leaders Africa no get hope…
Africa oil currencies diverge as Kwanza tops Dinar, Naira
The oil price spike following Russia’s invasion of Ukraine has had divergent effects on the currencies of Africa’s major oil producers, a report produced by AZA Africa’s largest non-bank currency…
Oil Surges Back Up On Russia Tensions
A graphic showing the rising prices of crude oil. Oil prices soared Thursday on tensions surrounding key producer Russia, while global equities mostly rose as markets digested monetary tightening moves…
‘Businesses Are Suffering,’ Elumelu Laments Over Hardship, Poverty In Nigeria
File photo: Tony Elumelu Nigerian Economist and businessman, Tony Elumelu on Thursday lamented over the worsening electricity, hike in prices of diesel, and its effect on businesses in the country.…
Oil Prices Plunge On China Lockdowns, Stock Markets Slide
A worker holds a nozzle after filling petrol in a motorbike at a Lanka IOC fuel station in Colombo on March 11, 2022, Ishara S. KODIKARA / AFP Oil prices…
Nigeran Agip shuts in 25,000 bpd after Nembe Blast, declares force majeure
ringroad.com.ng a search engine understands that Nigerian Agip Oil Company (NAOC), a unit of Italian oil giant, Eni, has shut in 25,000 barrels of oil per day following a blast…
Naira Trades at N416.50 as CBN Caps FX Spending Limit
Naira Trades at N416.50 as CBN Caps FX Spending Limit Naira appreciates 0.04 per cent to N416.50 on Friday at investors and exporters’ foreign exchange (FX) window as the Central…
Shell, Eni Declare Force Majeure on Nigerian Crude
Shell, Eni Declare Force Majeure on Nigerian Crude Nigerian supply was hit by export disruptions to the Bonny and Brass River crude streams, oil giants Shell and Eni said on…
US Stock Mixed as Treasury Yield Hits 2.5%
US Stock Mixed as Treasury Yield Hits 2.5% US stocks were mixed in choppy trade, and Treasury yields surged ahead of a meeting of the Federal Reserve this week in…
FG to Use Eurobond Cash, Borrow More to Pay Subsidies
FG to Use Eurobond Cash, Borrow More to Pay Subsidies After failing to implement the Petroleum Industry Act, the Federal Government of Nigeria (FGN) will again visit the Eurobond market…