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File Photo of President Muhammadu Buhari As President Muhammadu Buhari celebrates his 79th birthday on Friday, the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, has…
Oil Prices Drop as US Crude Stockpiles Drop Inventories of commercial crude slid for the third straight week, government data showed Wednesday, while oil prices fell following the World Health…
NNPC Records ₦141.96 Billion Trading Surplus The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of ₦141.96 billion recorded in June 2021, compared to a deficit of…
Naira Fails to Retain Value Despite CBN Support Naira, the Nigerian local currency, struggles unsuccessfully to maintain a stand against the United States dollar at the investors and exporters foreign…
A file photo of former Vice President Atiku Abubakar. Photo: Channels TV/ Sodiq Adelakun. Former Vice President Atiku Abubakar says education is significant to the development and security of any…
US 30-Year Auction High Yield Slips, Demand Slightly Higher The US Treasury’s 30-year auction hit a high yield of 1.895% on Thursday, down slightly from the 1.94% high in the…
When Would Naira Gets Its Grooves Back? Naira has been beaten down mercilessly in the foreign exchange market ring with some knockout punches but the monetary policy could not help…
Oil workers at the scene of the Nembe oil spillage in Bayelsa. Lawyers of Nembe extraction in Bayelsa State are threatening legal action against the Federal Government, the Nigerian National…
Exporting crude oil has been Nigeria’s main source of revenue for decades. Sodiq Adelakun/Channels Television Nigeria’s trade balance in the third quarter of 2021 amounted to a deficit of N3,023.50…
Dangote, IHS Holding, Seplat Rating Outlook Upgraded to Stable Nigerian cement producer Dangote, IHS Holdings Limited and Seplat Energy Plc. have seen their separate ratings outlook changed to stable from…