Businessam Staff
Oil prices rise despite impact of China virus on fuel demand haunting the market
Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the…
Futures point to lower on worsening China virus concerns, mixed earnings
US stock index futures edged lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a…
Akwa Ibom looks to grow IGR by 100% to N100bn
…eyes oil investments from IOCs
United States cautions Britain over Huawei’s influence in tech space
The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have…
TCN installs 68 transformers, eyes 10,000MW transmission capacity
Nigeria’s power transmission capacity has increased beyond the 8,100 megawatts recorded in December 2018, as the Transmission Company of Nigeria…
Refineries posted N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January…
Honeywell, Law Union, AIICO top gainers’ chart on Wednesday
Despite the bearish nature of trade at the Nigerian Stock Exchange on Wednesday, the shareholders of Law Union, AIICO Insurance, Honeywell…
China coronavirus could push oil down by $3
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd,…
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