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Nigeria’s Public Finance Starts Falling Since 2016 –Moody’s Nigeria’s public finances have been deteriorating since 2016 due to successive oil prices shocks, Moody’s Investor Services said in a rating note.…
Nigeria’s Purchasing Managers Index Dips to 4-Month Low The opening month of 2022 revealed a solid expansion in Nigeria’s private sector, according to Stanbic IBTC-IHS Markit Purchasing Managers Index for…
In this file photo taken on November 29, 2016, the logo of OPEC is pictured at the OPEC headquarters on the eve of the 171th meeting of the Organization of…
Naira Trades at N416 as FX Reserve Slides The Nigerian local currency, naira, trades at N416 to a United States dollar at the Investors and Exporters foreign exchange window on…
A file photo of the Governor of Rivers State, Nyesom Wike At Least 112 illegal refineries have been discovered in Ikwerre Local Government Area of Rivers State. Chairman of the…
OPEC Oil Production to Increase Despite Disruption in Libya -EIA Crude Oil production from the Organization of the Petroleum Exporting Countries, or OPEC, is projected to grow in 2022 despite…
Naira Trades Healthy at Official Window, FX Reserve Falls The Nigerian local currency, naira, traded healthy at investors and exporters foreign exchange window on Friday after suffering a moderate loss…
A file photo of soldiers. Troops of Operation Delta Safe have in the last two weeks deactivated 39 illegal refineries within the Niger Delta region. This is according to a…
Oil Prices Pullback After Hitting 2014 Highs Crude oil prices pull back on Thursday after hitting record highs on Wednesday that has not been seen since 2014, helped by supply…
Brent Price Nears $90 as Explosion Hits Iraq-Turkey Pipeline Brent crude oil price inches higher, nears $90 per barrel on Wednesday as supply becomes tighter in the market following the…