archiveMay 3, 2017

Nigeria expects OPEC will extend production cuts for another six months, the country's minister for petroleum resources, Emmanuel Ibe Kachikwu, said on Tuesday. Still, he said, more needs to be done to bring the market into balance. Because production from shale in the United States can ramp up or be...

Former President, Chief Olusegun Obasanjo on Tuesday in Abuja express worry at unsuccessful prosecution of high-profile corruption cases in Nigeria. Obasanjo expressed his displeasure while delivering the inauguration lecture of the Olusegun Obasanjo Good Governance and Development Research Centre, National Open University of Nigeria, (NOUN). The title of the lecture...

Dangote Sugar Refinery .yesterday explained the reasons behind the firm’s failure to achieve its forecast for the first quarter of 2017. Speaking during the company’s Facts Behind the Figures presentation at The Nigerian Stock Exchange on Wednesday in Lagos, the company’s Acting Managing Director, Alhaji Sule Abdulahi attributed the problem...