Oil Price Rises To $43       Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher. Reuters...

Oil Drops To $43 As US Crude Inventories Rise     Oil prices fell on Wednesday as the United States government data showed a surprise rise in the country’s crude inventories, and as tensions escalated between the US and China. The international oil benchmark, Brent crude, fell 55...

Foreign Investment Into Nigeria Plunges By 43% – UN report Foreign direct investment in Nigeria, Africa’s top oil producer, plunged by 43 per cent to $2bn, according to a United Nations report. Reuters reported on Thursday that investors were put off by a dispute between the...

US Cuts Imports Of Nigerian Crude By 43%   The United States cut its imports of Nigerian crude oil by 48.87 million barrels or 43 per cent in 2018, according to the latest data released by the Energy Information Administration. The US imports of Nigerian crude fell...

Dangote Cement Grows 2017 Profit By 43%   Dangote Cement Plc has posted a group net profit of N204.25bn for the year ended December 31, 2017, representing a growth of 43 per cent compared to the previous year’s figure of N142.86bn. The group revenue also grew by...

Following the commencement of the implementation of the new foreign exchange policy, which moves the naira to dollar exchange rate from 197 to a minimum of 280, customs duties on imported cargoes have risen by about 43 per cent. Prior to the adjustment of the...