OPEC Defers Decision on Oil Output Cuts
The Organisation of Petroleum Exporting Countries (OPEC) on Thursday failed to agree on whether or not to keep crude oil output at current levels or open the taps for a
The Organisation of Petroleum Exporting Countries (OPEC) on Thursday failed to agree on whether or not to keep crude oil output at current levels or open the taps for a
Donald Trump’s namesake company and longtime financial chief pleaded not guilty on Thursday to what a New York prosecutor called a “sweeping and audacious” tax fraud, arising from a
Oil prices edged higher on Thursday, supported by lower U.S. inventories, as investors waited for a decision from key producers on whether they would maintain or reduce supply cuts in
Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power
To boost Nigeria’s refining capacity with a view to becoming a net exporter of petroleum products, which is certain to boost the nation’s economy, the Nigerian National Petroleum Corporation revealed
The Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC Group Managing Director,
The France-Nigeria Business Council will be meeting on the sidelines of the 4th Choose France International Business Summit, which commenced Monday in Versailles, France. It will be bringing together around
Britain’s financial regulator has ordered Binance, one of the world’s largest cryptocurrency exchanges, to stop all regulated activity and issued a warning to consumers about the platform which is coming
Africa’s richest man and President, Dangote Group, Alhaji Aliko Dangote, is diversifying his group’s investments in Cameroon, starting with energy. “We have plans to expand our investment to other sectors
MTN Nigeria CEO Karl Toriola joined the Global Business Report to speak on the recent upgrade of the company’s Global Credit Rating, among other topics. Nigeria’s largest telecommunications company by
The President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina on Wednesday disclosed that the bank will support the African Continental Free Trade Area (AfCFTA) with $208 billion, as
The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has called for lower trade costs to boost Africa’s economic recovery. Okonjo-Iweala said Wednesday at the opening ceremony of
The Nigerian National Petroleum Corporation (NNPC) on Wednesday lamented the escalating incidence of petrol smuggling across Nigeria’s borders, which it put at a whopping 42 million litres per day. The
Two South African brothers who ran a cryptocurrency investment platform called Africypt have vanished with $3.6 billion worth of bitcoin in what could potentially be the biggest cryptocurrency heist in history. The incident
Dumebi Iyeke, Analyst with Financial Derivatives Company Limited, spoke to the Global Business Report about Krispy Kreme’s plans to head back to the Capital Market at a $4bn valuation.
Mosope Arubayi, Economist with Inflexion Capital Asset Managers, spoke to the Global Business Report about Year-on-year Inflation in the month of May across the African nations of Ghana, South Africa,
Analysts have welcomed the planned introduction of digital currency by the Central Bank of Nigeria (CBN), saying it will improve the inflow of foreign exchange and boost the capacity of
The Nigeria Customs Service (NCS) on Monday warned that private jet owners risk having their airplanes impounded if they fail to verify their documents before July 6, 2021, when the
Ogun, Kogi and Cross River States received the highest funds from the sale of solid minerals in 2019, inclusive of 13 per cent derivation, the latest report from the Nigeria
A Federal High Court in the Nigerian capital, Abuja, on Monday, ordered the Federal Government to pay $951 million to the Bayelsa State Government. The amount is the 13 per
© 2023 Arise News - Part of the Arise Media Group.