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Oil Prices Fall As US Inflation Prompts Weak Demand

Oil Prices Fall As US Inflation Prompts Weak Demand On Thursday, oil prices fell as inflation data from the United States indicated a softening of the world’s biggest economy which could weaken crude oil demand. Brent futures went down by 6 cents to $83.62 a barrel...

Oil Market Rises As Dollar Weakens

Oil Market Rises As Dollar Weakens On Thursday, the oil market rose after retail data in the United States prompted a sell-off in the Dollar, the trading currency for the commodity, with Brent crude futures up by $1.26 or 1.5 per cent to $82.86 a...

Access Holdings to Announce Herbert Wigwe’s Successor Soon

Access Holdings to Announce Herbert Wigwe's Successor Soon Access Holdings has following the confirmation of passing away of its Chief Executive Officer, Herbert Wigwe, announced intention to name his successor soon. According to a statement signed by Sunday Ekwochi, Group's secretary on Sunday, the move is...

Dangote Refinery to Receive Crude Oil from United States

Dangote Refinery to Receive Crude Oil from United States The $20 billion Dangote Refinery has concluded plans to import crude oil from the United States in the coming months. Already, traders’ familiar with the matter disclosed that Trafigura Group has sold two million barrels of WTI...

US Increases Security Fund for Nigeria, Others to $300m

US Increases Security Fund for Nigeria, Others to $300m   United States Secretary of State Antony Blinken on Tuesday said the US would provide an additional $45m to West African nations as part of a plan to battle instability, bringing total funding under the year-old programme...

Buhari Seeks Increase In Volume Of Trade As Nigeria Records Over $1.69bn Exports To US

Buhari Seeks Increase In Volume Of Trade As Nigeria Records Over $1.69bn Exports To US President Muhammadu Buhari has described the United States as Nigeria’s main trading partner and one of “our most important diplomatic partners”, underscoring the need for concerted efforts to increase the...