PPPRA reduces petrol price to N121.50 per litre
“After a review of prevailing market fundamentals in the month of May and considering marketers realistic operating costs as much ...
Tag: Low oil prices
Time for Nigeria to forget crude oil
Nigeria’s economy is in a tight corner, as Brent crude’s value has dropped by half since the worst pandemic in recent history started early this year.
Brent crude surges 5.4%, global demand for energy climbs higher
Brent crude increased by $1.71, 5.49%, as it closed a barrel at $32.84,
Naira drops to N454 against a dollar, as foreign investors, importers struggle for dollars
Naira weakened today at the black market as dollar trading at N454 to $1 as demand increased from foreign investors and ...
FG discloses how it will finance N5.36 trillion budget deficit
FG intends financing the N5.36 trillion budget deficit through domestic, foreign loans and proceeds from privatisations.
Oil prices slump from near 5-week high over lockdown concerns
The American WTI fell by 1.55% to sell for $25.38 per barrel, early Wednesday morning after surging 6.8% on Tuesday. ...
What I’ll do if I was CBN Governor – Experts
“As a nation, we cannot afford to continue relying on the world for our food, education, and healthcare.” said Godwin Emefiele.
NNPC reduces fuel price to N108 per litre
The government is still dithering on deregulation allowing NNPC to reduce prices as it desires.
Brent Crude gains 23% WoW, as oil production cut kicks off
Brent crude had an impressive gain of about 23%, while U.S oil surged by about 17%.
Exxon Mobil, Shell, Chevron, others might be forced to reduce oil production in Nigeria
Nigeria has been unable to find ways to cut oil production, as part of the OPEC+ deal signed weeks ago. ...
