Nigeria’s economic crunch may persist as World Bank projects oil price drop over next two years
The commodity markets report from the World Bank is published twice a year - first in April and later October
The commodity markets report from the World Bank is published twice a year - first in April and later October
TOTAL led 30 Gainers as against 11 Losers topped by CUTIX at the end of today's session.
OPEC+ agreed in April to reduce output by an unprecedented 9.7 million barrels per day in May and June after ...
The recovery of crude oil prices from last month’s unprecedented crash seems to be moving swiftly, as more countries ease ...
Currency traders are expecting the naira to fall slightly today, due to the maturing $1.52 billion April 29 contract.
Nigeria has been unable to find ways to cut oil production, as part of the OPEC+ deal signed weeks ago. ...
Oil prices dropped today, based on signals that global oil storage ability is getting filled up, oil production cuts will not meet up.
Nigeria’s local oil players are having it rough based on falling crude oil prices, with recent prices lower than local production
Oil prices, particularly WTI, crashed below $0 during on Monday for the first time ever sending shock waves across the ...
Nigeria does not have any crude oil hedging programme in place. Instead, it sells its crude oil on spot prices. ...
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