Fuel Scarcity In Nigeria

The Department of Petroleum Resources (DPR), has said that any depot that promote gasoline above the ex-depot charge of N133.38 to petroleum marketers would be accountable to three months closure and a best of twenty million Naira fine, Wole Akinyosoye, DPR’s Zonal Operations Controller, Lagos, who disclosed this the day prior to this in a announcement as phase of the measures to curb the biting fuel shortage in the country, additionally stated the Pipelines and Product Marketing Company (PPMC), Read more [...]

Bitcoin Rate Tumbles 30 Percent

The price of bitcoin tumbled 30 per cent on Friday, with the rout accelerating early in the New York morning, after a week marked by high-profile security troubles at two exchanges and warnings from international regulators about the dangers currencies pose. Bitcoin plummeted as low as $10,775.92, in accordance to Bloomberg, leaving it extra than forty five per cent down from a report high touched at the start of the week. Its crash caps a risky week for the controversial currency that started Read more [...]

Oil Expenditures Soar To $67, This Is Absolute Best In Over Two Years

Brent crude, the international benchmark for oil fees rose by means of 2.8% on Tuesday, to change at $67.06. This is the very best considering the fact that May 2015 when it reached the top of $67.10. US West Texas Intermediate crude futures witnessed a corresponding amplify of $1.50, or 2.6%, to $59.97, having traded as high as $60, the high-quality degree when you consider that June 2015. The surged observed reviews of a pipeline explosion in Libya which reportedly sidelined 90,000 barrels Read more [...]