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Oil Price Rises By 2% After Falling To $36

Oil Price Rises By 2% After Falling To $36       The international oil benchmark, Brent crude, gained nearly two per cent on Monday, shaking off earlier losses, as the United States heads into a contentious presidential election. Brent, against which Nigeria’s oil is priced, had fallen more...

Race to WTO Leadership Is Down To The Final Two Candidates

Race to WTO Leadership Is Down To The Final Two Candidates     World Trade Organization members selected two final candidates -- Nigeria’s Ngozi Okonjo-Iweala and South Korea’s Yoo Myung-hee -- to advance to the final round in the race to lead the Geneva-based trade body, according...

Crude Oil Price Rises By 6% To $41

Crude Oil Price Rises By 6% To $41       The international oil benchmark, Brent crude, surged by six per cent on Monday after doctors said the United States President Donald Trump could soon be discharged from the hospital where he was being treated for COVID-19. The upturn...

Trump Promises Buhari Weapons to fight Boko Haram Terrorists

Muhammadu Buhari, Donald Trump on phoneIn a surprise move and against American policy on arm procurement, the United States President Donald Trump has promised to sell weapons to Nigeria to fight Boko Haram terrorists. The promise was made by Trump in a telephone conversation with...

Dangote, Trump, Others Ranked Most Powerful Persons by Forbes

Africa’s richest man and President of Dangote Group, Aliko Dangote, was at the weekend named among other world leaders such as Russian President Vladimir Putin, American President-elect, Donald Trump and German Chancellor, Angela Merkel as the most powerful persons in the world. These personalities were...

Trump’s victory: Naira unaffected, now 460/dollar

The Nigerian foreign exchange market was on Wednesday neutral to the victory of Donald Trump in the United States presidential election. Trump, 70, emerged the 45th president of the US, after beating Democratic candidate, Hillary Clinton. Although the naira appreciated against the dollar from 465 to...