World News

Oil up $60 on Libya’s Largest Oilfield Shutdown

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Brent crude oil climbed up more than $1 to around $60 a barrel on Tuesday on Libya’s largest oilfield shutdown, a Reuters report said. According to the report, the Sarir oilfield in Libya shut because of a power cut, in a further blow to […]

Nigeria to Call Emergency OPEC Meeting if Rout Continues

Feb 23, 2015/Reuters Nigeria will call an extraordinary meeting of OPEC if crude oil prices slip any further, the country’s oil minister said in an interview with the Financial Times, in a sign of growing alarm over the impact of oil’s collapse on oil-producing economies. “We’re already talking with member […]

Austerity measures, a waste of time – Rewane

Renowned financial expert and Managing Director, Financial Derivatives Company Limited, Mr. Bismarck Rewane, in this interview with ‘FEMI ASU, speaks about the financial markets, the fate of the naira and sundry issues What were your thoughts about the economy when you heard about the postponement of the elections? I was […]