oil price

News

Bank of Nigeria Predicts Massive Growth In 3rd Quarter

Nigeria’s troubled economy will record tremendous improvement by the third quarter of the year, the Central Bank of...

Headlines

Political Risk Weighs On European Stocks

European stocks slid on Tuesday as political risk once again returned to the fore with Italy nearing a deal for early...

Headlines

Oil Producers To Extend Output Curbs At OPEC Meeting

Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing...

International

Oil Price Tumbles To Five-Month Low

The oil price has fallen to a five-month low as investor concerns resurface about a worldwide glut. Brent crude dropped...

Business

Economy Sinks To 22-Year Low; Grows By Only 3.5% In 2016

The country’s economy last year grew by 3.5 percent, the lowest rate in the past 22 years and the fifth consecutive...

Top Stories

IMANI’s Quick Picks From 2017 Budget

The general feeling is that the Minister passed his first test given the replication of major campaign promises in the...

Business

IMANI’s Quick Picks From Ghana’s Post 2016 Election Budget

Yesterday, Ghana’s Finance Minister, Mr. Ken Ofori- Atta presented his maiden budget to Parliament. The minister...

International

U.S. Shale Oil Braces For the Unfamiliar In 2017

U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks...

Top Stories

Free Education Policy Under the Economic Microscope

For the past decade, one topical issue that has been exhaustively debated especially during the electioneering...

Headlines

Fresh US Drilling Capping Oil Price

Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact of...

Business

$1bn China Development Bank Loan Can’t Be Paid?

The Public Interest and Accountability Committee (PIAC) has expressed doubts about the ability of the Ghana National...

Business

IFS Renews Pressure To Hedge Ghana’s Oil

The Institute of Fiscal Studies (IFS), has made fresh calls for Ghana to hedge its oil to protect the country from...

Top Stories

IFS Renews Pressure To Hedge Ghana’s Oil

The Institute of Fiscal Studies (IFS), has made fresh calls for Ghana to hedge its oil to protect the country from...

International

Stocks Steady, Oil In Flux, Sterling Suffers ‘hard’ Brexit Fears

Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain...

Opinion

A Clash Between True Federalism, Clumsy Leadership

MANY Nigerians sorrowfully misconstrue the supposed looting spree that characterised the successive Nigerian...

International

Fuel Prices Hit 18-Month High, After Opec Production Cuts

The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre...

International

OPEC, Non-OPEC Agree First Global Oil Pact Since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a...

Top Stories

US Markets Regain Momentum After Wild Volatility

U. S. financial markets witnessed wild swings after U.S. Republican Donald Trump won the country’s presidential...

International

I Felt Like Absconding When I Took Over From Jonathan —Buhari

President Muhammadu Buhari said, yesterday, that he almost left the country when he discovered that the nation’s...