Business Hilights

Tracking Nigeria's Headline Business News Online

Mohammad Sanusi Barkindo

‘Putin’s retaining of friendly Russia’s energy minister good for Africa’-AEC

Russia’s President Vladimir Putin has appointed a new cabinet, keeping key ministers. Amongst those retaining their seats in office is the country’s energy minister Alexander Novak who played an instrumental role in the oil production deal with the Organization of…

Bonny Light maintains rising profile as OPEC raises production target from July

Whereas crude oil prices fell on Monday after the decision by the Organisation of the Petroleum Exporting Countries (OPEC) and non-OPEC members to raise crude supplies to about one million barrels by starting from July 1, Nigeria’s Bonny Light crude…

OPEC, non-OPEC production cuts restoring market stability – Barkindo

Former Managing Director of Nigerian National Petroleum Corporation (NNPC), and incumbent OPEC Secretary General, Mohammad Sanusi Barkindo shas averred that at an energy forum in Abu Dhabi that the group is hopeful over continued stay of the production cuts agreement….