Thursday 30 June 2016
 
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Nigeria

Oil falls below $50 on global growth, Brexit concerns

Crude oil futures fell in Asian trade on Tuesday, as investors ignored signs of market tightness to focus on concerns over global growth and overnight declines in stocks on the impending vote on Britain's possible European Union exit.

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Airlines exit Nigeria as economy hit by dollar shortage

International carriers may follow the example of United Airlines and Iberia and halt operations in Nigeria or cut flights as they struggle to move revenue out of the country because the oil-price slump has depleted the West African nation’

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Oil hits 8-month high on supply disruptions

Oil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud

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Oil hits 8-month high on supply disruptions

Oil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud

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Oil hovers near 8-month highs on US inventory draw

Oil prices stood steady near their highest level in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in US crude inventories and by worries about attacks on Nigeria's oil industry.

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Oil hovers near 8-month highs on US inventory draw

Oil prices stood steady near their highest level in about eight months on Wednesday, helped by industry data showing a larger-than-expected drawdown in US crude inventories and by worries about attacks on Nigeria's oil industry.

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Oil hits 2016 high on ebbing supply, softer dollar

Oil prices hit their highest in eight months on Tuesday, buoyed by the dollar nearing one-month lows and by falling Nigerian oil output after a spate of attacks on infrastructure. Brent crude futures were up 67 cents on the day at

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Opec oil output falls from near-record in May

Opec's oil output fell in May from near a record high, a Reuters survey found on Tuesday, as attacks on Nigeria's oil industry and other outages outweighed increases in Iran and Gulf members. A rise in supply from Saudi Ar

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Arabian Falcon Holidays, Dubai Tourism target African visitors

Arabian Falcon Holidays (AFH), the largest independent timeshare player in the Middle East, has concluded a successful participation in the Nigeria roadshow organised by Dubai’s Department of Tourism and Commerce Marketing (DTCM).

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Nigeria union launches strike against fuel price hike

A Nigerian union defied a court ban to launch a general strike on Wednesday in protest at a planned hefty increase in fuel prices, though many businesses and government offices opened as normal. The government hopes lifting costly

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