Business

Gulf OPEC gambles on putting shale oil producers out of market

The determination of powerful Gulf OPEC members to stifle competition from new oil producers has…

'Santa Claus' hits oil market, Brent crude price rises

Global oil prices rebounded slightly today catching the mood around the world of Christmas celebration…

Oil prices extend gains in Asia

Oil prices rose in Asia on Monday, extending a sharp rebound at the end of…

New N100 Note: CBN highlights distinctive features

The N100 banknote unveiled recently by President Goodluck Jonathan in November to commemmorate Nigeria's centenary…

Russia's economy still mired in turbulence: news analysis

Deep recession, skyrocketing prices and a fragile banking system:

OPEC member blames 'irresponsible' non-members for oil glut

"Irresponsible" levels of output by producers from outside the OPEC oil cartel is among the…

Dollar sells for N198.60 in Lagos

Forex traders in Lagos said today that the Nigerian Naira was so battered that it…

Nigeria battered by oil price shock, says IMF

Nigeria's growth rate is expected to slow to about 5 percent in 2015 as falling…

Oil prices edge higher in Asia

Oil prices edged up in Asia Friday after falling sharply in the previous session, as…

Oil prices fall in volatile trade

Oil prices skidded sharply lower in volatile trade Thursday, pushing the US benchmark futures contract…