News & Insights

European crude trading led by uncertainty, structure and storage amid “carnage”: traders

Monthly Archives: March 2020

European crude trading led by uncertainty, structure and storage amid “carnage”: traders

North Sea crude oil traders were attempting to keep pace with the rapid market swing Monday morning, as they battled to manage uncertainty, read developing paper structures and secure viable storage options in an unprecedented trading environment. Crude oil futures plunged in London during morning trade Monday, as Saudi Arabia […]

We’ve deactivated remaining 2.2m improperly registered SIMs, says NCC

The Nigerian Communications Commission, NCC, has completely deactivated 2.2 million improperly registered Subscriber Identification Module, SIM, cards across Telecommunication networks nationwide. The Executive Vice Chairman, NCC, Prof. Umar Danbatta, made this known in a statement signed by Henry Nkemadu, Director, Public Affairs in Abuja. Mr Danbatta said that the Commission’s […]

NEPC Eyes $150bn with Zero Oil Plan

The Executive Director/Chief Executive Officer of the Nigeria Export Promotion Council (NEPC), Mr. Olusegun Awolowo, has revealed that, the zero oil plan is capable of improving Nigeria’s foreign reserve by $150 billion over the next decade, if successfully executed. Awolowo made this known yesterday at the Policy Development Facility Phase […]