Unexpected increase in supply pushes oil above $110; retail gasoline continues to rise Chris Kahn, AP Energy Writer NEW YORK (AP) — Oil is climbing above $110 per barrel as the dollar weakened and the government reported an unexpected drop in U.S. crude supplies. Benchmark West Texas Intermediate oil for […]

By Ademola Alawiye with agency report The Nigerian Eurobond rose to a record high on Tuesday following renewed interest from international investors as a result of the presidential election which took place last week. Bloomberg reported that the Nigerian dollar denominated bonds, which is due in 2021, rose for a […]

By Agency Reporter The National Insurance Commission has said it will return the 2010 financial reports of insurance companies that fail to meet the International Financial Reporting Standards. The Technical Director, Finance, NAICOM, Mr. George Onekhena, disclosed this in an interview with the News Agency of Nigeria in Lagos on […]