October 3, 2016/Reuters By Henning Gloystein | SINGAPORE Brent crude oil prices steadied above $50 a barrel on Monday, supported by a planned production cut by exporter club OPEC, but still under pressure from an overhang in supply that currently exceeds consumption. International benchmark Brent crude futures LCOc1 were trading […]
Updates
Naira faces further loss as dollar scarcity deepens
October 3, 2016/Punch Oyetunji Abioye There is no end in sight to the continued depreciation of the naira despite recording a little gain against the dollar on Friday. The local currency has been on a free fall in the last two weeks, losing about 15 per cent of its value […]
Emefiele Confirms Wife’s Rescue, Says Security Operatives Acted Promptly Within Buhari’s Directive
October 1, 2016/The Will Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele, has confirmed the release of his wife who was abducted along Benin-Agbor Road on Thursday. Margaret Emefiele, who was abducted by unknown gunmen, was rescued by security operatives at Ugoneki near Benin City in the […]
