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OPEC deal in jeopardy as Mexico refuses to accept production cuts
The meeting with OPEC and its OPEC+ countries took a u-turn late on Thursday after Mexico refused to accept production cuts offered to it....
Concerns as Shell shuts down Forcados Pipeline
Reports from Reuters indicates oil-producing giant, Shell has declared force majeure on exports of Nigerian Forcados crude oil. The Trans Forcados pipeline exports about...
Just-in: Lagos Airport hotel fire razes three vehicles
There was a fire incident at the premises of Ikeja Airport Hotel, Lagos on Thursday evening and has razed three vehicles
Ruffer ’50 cent’ makes $2.6 billion, as Coronavirus strikes financial market
The fear of Coronavirus has enriched Ruffer, a London investment fund, with $2.6 billion amidst a sell-off caused by the COVID-19 outbreak.
Covid-19: World Bank discloses when Sub-Saharan africa will fall into recession
The dreaded Coronavirus pandemic is expected to drive Sub-Saharan Africa into its first recession in 25 years.