Oil Down, Dollar Weak, Naira Up: Why Nigeria’s Markets Are Defying the Odds – Drinks & Mics Ft. Chika Mbonu
In Episode 25 of Drinks & Mics, banking OG Chika Mbonu joins Ugodre, Tunji, and Arnold for a no-holds-barred session ...
Tag: crude oil
Nigerian oil market faces headwinds amid unsold oil cargoes
Nigeria's economy, which heavily relies on its oil industry, faces a looming crisis as many barrels scheduled for export in ...
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian ...
Crude oil price rises above $74 amid U.S. sanctions, trade war concerns
Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning ...
Nigeria’s top 10 foreign trade partners in 2024
Nigeria’s foreign trade value in full year 2024 reached N138.03 trillion, a substantial increase of 106.56% compared to N66.83 trillion ...
Global oil prices surge on Monday as Trump’s tariffs spark supply fears
Global oil prices jumped up on Monday following the imposition of tariffs by U.S. President Donald Trump on Canada, Mexico, ...
Parallel Market Exchange rate stays stable at N1,660/$1 despite surge in crude oil prices
The naira dipped against the safe-haven currency at the official market amid rising oil prices in global markets.
Nigeria produced 566 million barrels of crude oil in 2024 – NUPRC data
Data mined from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria produced a total of 566.8 million barrels ...
Global Oil Price rises to $74.80/barrel on first day of trade in 2025
Global oil prices rose slightly on Thursday, the first day of trade in 2025.
Speaker Abbas warns against Nigeria’s over-reliance on crude oil
Speaker of the House of Representatives, Mr. Tajudeen Abbas, has warned against over-reliance on crude oil by Nigeria, saying it ...
