The latest report on Nigerians searching to buy or rent apartments that meet their needs by Reuters indicated that the number of the potential housing buyers and tenants was surging by the day, in spite of the sluggish growth of the nation’s economy. According to the latest news sourced from the online medium on Friday, […]
The Federal Government has ordered foreign oil and gas companies operating in the nation’s hydro-carbon resources industry to offset all forms of tax arrears, estimated to be over $20 billion immediately. A news report by Reuters linked the directive to a letter sent to the companies earlier this year by the Nigerian National Petroleum Corporation […]
The Nigerian National Petroleum Corporation (NNPC) has been reported to have extended its crude-for-product swap contracts, the country’s main avenue to meet the bulk of its fuel needs, until June 2019 Reuters reported that the extension of the swap contracts, known also as Direct Sale Direct Purchase, was coming despite Nigeria’s refining capacity of about […]
Brent crude oil price rose to near highest since November 2014 on Monday, driven by concern about a supply crunch once U.S. sanctions against Iran come into force next month. A news report by Reuters indicated that December Brent futures LCOc1 were last up 45 cents at $83.18 a barrel by 1343 GMT, having touching […]
Weakness in bank stocks dragged European shares to a downbeat open today