Crude oil prices hit $65 per barrel

Oil prices in the international market sustained their rally on Tuesday, with the Brent crude, the international benchmark for crude oil, trading at $65.24 a barrel, while U.S. West Texas Intermediate (WTI) crude futures traded at 58.21 dollars a barrel.…

As Nigeria spends N116b on palm oil export

That Nigeria, just this year alone, has imported 450,000 tons of palm oil to the tune of N116.3billion, is as grim a reality as it is worrisome. With an ever increasing population, a steady decline in palm oil production, and…

Made in Nigeria and the of doing business

There is clearly a revival in Nigerian manufacturing and craftsmanship necessitated in part by low oil prices and volatile exchange rates. Nigerians, who would usually shop abroad, have been forced to look inwards and the increased demand for made in Nigeria goods has increased not just the supply