Banks that hedged against 2020 Oil price crash
Nigerian banks claim they have protected themselves against a potential loan crisis in the oil and gas sector. But is ...
Tag: Crash in crude oil prices
Nigerian banks at risk due to debts by independent oil producers
According to data from the Central Bank of Nigeria (CBN), about a third of loans by Nigerian banks were given ...
Nigeria’s bonny light crude price falls below Brent crude, WTI
Nigeria seems to be falling into a deeper revenue mess as the price of the country’s headline crude, Bonny light ...
Nigerian crude producers smashed by low crude oil prices
Nigeria’s local oil players are having it rough based on falling crude oil prices, with recent prices lower than local production
Many odds against the naira
Nigeria’s currency, the naira, is presently experiencing more pressures than ever before, based on negative macro fundamentals
Investing in the oil market
The crash in oil prices would be felt by countries and oil companies that heavily rely on oil for the ...
Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017
The downward slide of the naira in the parallel market appears to be continuing unabated as the slump in crude oil prices
The stark reason why Crude oil price went negative
It's two days straight and the crazy Western Texas Intermediate (WTI) crude oil price remains below zero for the first ...
Bulls hit back to support U.S crude oil amid panic sell-offs in global equity markets
U.S. crude rose on Tuesday morning, but a historic fall in its May contract, which plunged below zero, raised concerns among investors
US headline crude oil crashes further, below $0 in an unprecedented outcome
US crude oil futures turned negative as it crashed below zero dollars for the first time in history on Monday, ...
