The International Monetary Fund (IMF) on Tuesday projected that the Nigerian economy would grow from 0.8 per cent in 2017 to 2.1 per cent by the end 2018 and by 1.9 per cent in 2019. This is even as the Fund cautioned of possible crash in crude oil prices in the near future. While giving […]
Oil prices hovered near a three-year high above $70 a barrel on today on signs that production cuts by OPEC and Russia are tightening supplies.
Prices of Brent and West Texas Intermediate crude futures peaked Thursday to a near two-and-a-half year high briefly before sagging by some cents
Prospects of Nigeria and other commodity-exporting countries boosting their earnings from crude exports have brightened as oil prices were stable early today.
Crude climbed as a U.S. government report showed oil stockpiles in the world’s largest economy fell by the most in four months