Category : Search result: OPEC supply cut


Divided US Fed Faces Contentious Rate Decision

The US Federal Reserve's final 2025 meeting is marked by internal conflict over a potential third interest rate cut, with a key data shortage complicating the decision. Read the full analysis.

Nigeria starts N185bn gas legacy debt repayment

The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.

N185bn Approved to Settle Gas Debts for Power Boost

The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.

3-Hour Power Outage in Anambra This Sunday

FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.

Dangote Refinery Slashes Diesel Price to N910/Litre

Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.

Doctor Arrested for Aiding Kwara Kidnappers

Security forces in Kwara State have detained a medical doctor suspected of transporting drugs to kidnapping gangs. The arrest in Jebba highlights the gangs' desperation for medical aid after clashes. Read the full report.

Gucci, Prada, Versace in Italy Sweatshop Probe

Milan prosecutors target 13 luxury brands over suspected labour exploitation in their supply chains. Find out which major fashion houses are involved and the legal implications.

Asian Markets Up Ahead of US Jobs, Inflation Data

Most Asian markets gained Wednesday, tracking Wall Street, as investors await crucial US jobs and inflation data that will shape the Federal Reserve's rate decision next week. Read more.

UNILESA Courses, Fees & 2025 Cut-Off Mark Guide

Your complete guide to the University of Ilesa (UNILESA). Get details on all accredited courses, updated school fees for all faculties, and the 2025/2026 admission cut-off mark. Learn how to apply and check your admission status.

MTN Network Outage Hits Three Northern States

MTN Nigeria alerts customers to a service disruption affecting 2G, 3G, and 4G networks in Kebbi, Zamfara, and Sokoto states due to a fibre cut. Engineers are working to restore connectivity. #MTN #NetworkOutage #Nigeria

Asian markets mixed ahead of key US data, Fed decision

Asian markets showed mixed performance as investors await crucial US economic data that could influence the Federal Reserve's expected interest rate cut next week. Oil prices surged on OPEC+ output decision.

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