ABUJA – The federal government warned yesterday that the country might be unable to achieve the 15 million tonnes per annum capacity of local steel production...
LAGOS – The Nigerian Ports Authority (NPA) on Friday said that 11 vessels carrying petroleum products had arrived in Lagos ports. NPA said that the vessels...
NEW YORK – Chevron Corp, the second-largest U.S. oil company, posted a fourth-quarter profit on Friday that just met Wall Street’s expectations, as refining margins and...
LAGOS – The Nigerian Navy has intercepted a Greek-owned merchant tanker, MT KERALA, purportedly hijacked off the coast of Luanda after `spirited four-day’ search in the...
LONDON – The euro fell and the bloc’s government bonds rallied on Friday as weaker-than-expected inflation data increased pressure on the European Central Bank to either...
ABUJA – The Nigerian Petroleum Development Company is set to boost the nation’s crude oil production by additional 100,000 barrels per day from 2015 after tortuous...
GENEVA – IOM has launched an air operation to move vital humanitarian supplies to locations in South Sudan where people have been displaced by conflict. The...
TOKYO – Japan’s core consumer inflation rose at the fastest pace in more than five years in December and the job market improved, encouraging signs for...
TUNIS – On January 29, 2014, the Executive Board of the International Monetary Fund (IMF) completed the first and second reviews of Tunisia’s economic performance under...
LONDON – Oil futures were down in London trading Friday after both contracts hit highs not seen since Jan. 2 in the prior session, prompting some...
