Fitch Downgrades Nigeria’s Long-Term Rating
Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s ...
Tag: oil prices
Oil Shipments Show That OPEC Is Sticking To Its Cuts
Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global surplus, ...
U.S. Economy Slows On Wider Trade Gap; Business Spending Rises
U. S. economic growth slowed sharply in the fourth quarter as a plunge in shipments of soybeans weighed on exports, ...
Football Fails To Bring Relief To Gabon
The 2017 Africa Cup of Nations, the continent's biggest football tournament, is taking place in Gabon. But across the country, ...
Rising U.S. Crude Records Force Oil Prices Down
Oil prices fell Wednesday after reports showed increasing U. S. crude inventories, triggering worries for continued global crude over-supply. The ...
Nigeria Casts Its First Social Safety Net
Lagos (AFP) - Nearly two years after taking office, Nigeria's President Muhammadu Buhari is making good on an election vow ...
Futures Flat As Earnings Season Gathers Pace
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City U. S. stock index ...
Equatorial Guinea Has Applied To Join OPEC
This would bring the oil producer group's membership to 14 countries Equatorial Guinea has now applied to join the Organization ...
2016 First Half Petroleum Revenue Dropped By 55%
Ghana’s revenue from the petroleum sector for the first half of last year dropped by 55 %. The figure declined ...
2016 First Half Petroleum Revenue Drops By 50%
Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined ...
2016 First Half Petroleum Revenue Drops By 50%
Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined ...
Economy Needs Rebound
A new report has revealed that even though Ghana is experiencing a slowdown after several years of fast-paced commodity-fuelled growth, ...
Global Growth Edges Up To 2.7 % Despite Weak Investment
Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as ...
Oxford Business Group Launches Latest Country Report
Ghana’s push to broaden its economic base by adding value to commodity exports and capitalising on its comparative advantages are ...
Oil Higher After Saudi Arabia Cuts Output, China Imports Rise
Crude prices edged up in early Friday trade following reports that major producers have started cutting production as pledged, strengthening ...
Stocks Steady, Oil In Flux, Sterling Suffers ‘hard’ Brexit Fears
Asian stock markets rose on Tuesday while crude oil prices languished near three-week lows, with investors uncertain whether output cuts ...
European Shares Dip, Sterling Falls On Brexit Comments
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal ...
Asian Stocks Cut Gains As Caution Grows; Dollar Eyed
Asian stocks cut early gains as investor caution grew before a news conference by President-elect Donald Trump on Wednesday, where ...
Nigeria Lists Companies Allowed To Lift Crude Oil In 2017
Nigeria National Petroleum Corporation (NNPC) has revealed the names of the 39 companies that will buy its crude oil during ...
Investments In Africa’s Transport Infrastructure Begin To Pay Off
African countries were on a drive to boost infrastructure and road networks on the continent in 2016. Ethiopia made huge ...