World News

A “New Normal” for the Oil Market

October 27, 2016/ iMFdirect By Rabah Arezki and Akito Matsumoto While oil prices have stabilized somewhat in recent months, there are good reasons to believe they won’t return to the high levels that preceded their historic collapse two years ago. For one thing, shale oil production has permanently added to […]

Nigeria Continues to be an Attractive Market for Private Capital

— By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria has continued to be an attractive market to private capital and should partner with the private sector to ensure diversification and growth of its economy, Trade & Investment Minister, Okechukwu Enelamah said on Thursday. “Government seeks to partner with private capital to diversify […]

Q3: Conoil Sustains Profitability With 54% Increase

October 26, 2016/Conoil Plc Conoil Plc sustained its impressive performance so far this year with yet an encouraging 54 per cent increase in its Profit Before Tax for the nine-month period ended September 30. The performance of the major fuel marketer showed that it continued to brave the stifling operating […]