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May 16, 2026 - 10:50 AM

Tag: OPEC

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Borrowing to fund infrastructure, justifiable- Buhari

President Muhammadu Buhari says his administration has done no wrong by borrowing to finance infrastructure, saying that the loans taken by his government was...

Oil extends losses as stockpile rise amid weakening demand

Oil prices fell for a second day on Friday, pressured by a surprise rise in U.S. stockpiles as the coronavirus pandemic continues to erode...

HARDS TIMES AND TIME TO UNDERSTAND WITH LEADERS

Before the exit of former President Jonathan, the price of crude oil, Nigeria’s economic pillar was USD36 per barrel and even at that, the...

Oil Markets Looking For Demand Growth

Oil markets are looking for demand growth to sustain any upward price movements beyond their current levels $40. Prices on Friday saw a second weekly...

In Nigeria, Oil Curse Cuts-off Abia, Akwa Ibom, Rivers Communities

The oil and gas sector has continued to play a significant role in the economy of Nigeria, and accounts for 65% of total revenue to...

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Tinubu Lauds Major Anti-Terror Victory as Nigeria, US Forces Kill ISIS Leader, Abu-Bilal Al-Manuki

President Bola Ahmed Tinubu has hailed a major breakthrough...

Aisha El-Rufai Allegedly Denied Access to Husband, Requests Written Directive from ICPC

Aisha Nasir El-Rufai has said she was denied access...

Politics Shouldn’t Be A Business Venture

Across Nigeria, a dangerous idea has quietly become normal....

Backlash Trails Tinubu’s $1.25bn Loan Bid as World Bank Restricts Instagram Comments 

The World Bank has reportedly restricted comments on its...

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