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Oil Prices Rise To $56 On New US Stimulus Prospects

Oil Prices Rise To $56 On New US Stimulus Prospects       Oil prices rose for a second consecutive day on Wednesday, as the market expects the new United States administration to ‘act big’ in the next COVID-19 relief package. As of 9:17 a.m. ET on Wednesday, the...

Oil Price Rises Above $56 On Tight Supply Expectations

Oil Price Rises Above $56 On Tight Supply Expectations         The international oil benchmark, Brent crude, rose above $56 per barrel on Tuesday, buoyed by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. While the sustained increase in...

Oil Nears $56, Fed Govt May Reintroduce Fuel Subsidy

Oil Nears $56, Fed Govt May Reintroduce Fuel Subsidy       The sustained increase in global crude oil prices has pushed up the landing cost of imported petrol closer to the current pump prices of the product in Nigeria, and appears to have triggered a return to...

Budget Threatened As Oil Price Sinks To $56

Budget Threatened As Oil Price Sinks To $56   The international oil benchmark, Brent crude, tumbled on Wednesday to $56 per barrel, its lowest level in seven years as the United States-China trade war worries gripped the market. The decline in oil price imposes a serious threat...

Transactions via Mobile Devices Rises By 56% In 9Months

Transactions via Mobile Devices Rises By 56% In 9Months The efforts to leverage mobile phones to create a cashless economy and drive financial inclusion are yielding results as financial transactions on mobile devices continue to soar. the value of transactions via mobile devices rose by 56%...