Oil price has lost more than one-third of its value sparking fears of a crash similar to the one of...
The United States was a net exporter of crude oil and petroleum products last month, with the four-week average net...
Some of the world’s biggest investment and energy intelligence firm are all eating their words and retracting earlier projections for...
Citing coronavirus outbreak and its impact on economic activities Paris-based energy think tank, the International Energy Agency on Monday said...
Yields on Nigeria’s 2049 Eurobonds climbed 143 basis points to 10.18 percent on Monday, the highest on record, while the...
The yields on Nigerian OMO bills spiked to 17 percent at the end of trading Monday from 14.12 percent Friday,...
Goldman Sachs has revised lower its oil price forecast second quarter and third quarter oil to $30 per barrel and...
Global stocks tumbled in chaotic trading and investors sought refuge in US government bonds after a crash in the price...
Nigeria’s failure to prepare for the rainy day of sharp decline in oil prices has come to haunt it, despite...
Nigerian stocks slumped by the most in nearly 25 months with just one stock gaining in a rout that pushed...
Nigeria’s ministry of finance and the Central Bank on Monday stayed mute over while panic gripped investors and the public...
The naira bucked the trend of currencies of oil producers as it barely budged Monday despite oil tumbling to historic...
A price war between oil superpowers Russia and Saudi Arabia has set oil prices free-falling since Sunday morning without immediate signs...
Nigerian stocks are headed for their worst single day decline after banking stocks slid the most in over three years...
In 2016, Nigeria slipped into its first recession in 25 years and was forced to devalue the currency by more...