Morgan Stanley: Oil prices stuck in $60 range this summer Oil prices will likely be stuck in the $65-$70 range this summer, Morgan Stanley...
Oil tumbles 4% on concerns over Europe curbs, rollouts Oil prices fell more than 4 per cent on Tuesday, hit by concerns over new...
Nigeria missing from major palm oil producing countries Despite being heavily endowed with palm trees in some parts of the country, Nigeria was conspicuously missing...
Nigerian oil producers earn $2.4bn on 39.2mb exported in February Oil producers in Nigeria raked in $2.4304 billion from oil exports into the market controlled...
Oil price rebounds on expected economic recovery Oil prices rose on Tuesday on expectations of a recovery in the global economy after the U.S. Senate...
By FDC Analysts Brent fell by 4.54% to $63.03pb after a rally in the last few days. Traders are concerned about possible output increases by...
AFEX raises $50m to finance Agri-SMEs in Nigeria AFEX Commodity Exchange has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled...
Emefiele charges Nigerians on agric boom The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says the Anchor Borrowers’ Programme of the...
Oil rises by $0.25 The international oil benchmark, Brent crude, rose by $0.25 to $63.94 per barrel as of 7pm Nigerian time on Tuesday. Recall...
FG says Nigeria still world’s largest cassava producer despite low yield The federal government has declared that Nigeria is now the largest producer of cassava in...
Nigeria to import N319.8bn raw sugar from Brazil There are indications that Brazil would supply 80 per cent or 1.44million tonnes of raw sugar valued...
ASHON advocates level playing ground for commodities exchanges’ in Nigeria The Association of Securities Dealing Houses of Nigeria (ASHON) has urged the Federal Government to...
Oil rally may brighten Nigeria’s outlook, says OPEC The rise in global oil prices could brighten Nigeria’s outlook this year, the Organisation of the Petroleum...
Trimmed demand outlook causes oil first loss in 10 days Crude oil returned to the red territory on Thursday, halting a nine-day gaining streak after...
Crude oil price today rises above $61 The international oil benchmark, Brent crude, rose further on Tuesday, trading above $61 per barrel. Brent had hit...
Oil price hits $60, highest in over 12 months The international oil benchmark, Brent crude, extended its rebound on Monday, hitting the $60 per barrel...
Nigerians spend N2.03trn on fuel in 13 months Within a 13-month period spanning November 2019 and November 2020, the Nigerian National Petroleum Corporation (NNPC)...
Global palm oil prices hit nine-year high Palm oil prices surged to a nine-year high in January, following a fall in production in Malaysia and...
Output cut pushes oil price to $57, highest in 12 months The international oil benchmark, Brent crude, rose more than two per cent on Tuesday,...
Oil rises to $56 on US stimulus prospects Oil prices rose for a second consecutive day on Wednesday, as the market expects the new United...