Oil Price Drops Sharply As Saudi Output Seen Returning Soon After Attacks

LAGOS SEPTEMBER 17TH (NEWSRANGERS)-Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom’s output. Saturday’s attacks raised the specter of a major supply shock in a market that in recent…

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Buhari Dissolves Economic Management Team, Appoints Soludo, Rewane, Others Into New Team

LAGOS SEPTEMBER 17TH (NEWSRANGERS)-President Muhammadu Buhari has dissolved the Economic Management Team (EMT) and in its place constituted an Economic Advisory Council (EAC) that will report directly to him. The following are members of the new council, according to a statement by Buhari’s spokesman, Femi Adesina. 1. Prof. Doyin Salami – Chairman 2. Dr. Mohammed…

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