Brent Crude oil price recovers after falling to 10 months low

Oil and Gas industry tops bank credit allocation for 2021 – NBS

Brent Crude oil prices dropped to as low as $82 per barrel for the first time since January 2022, after ...

CBN says Nigeria not reaping benefits of rising oil price

Oil and gas gains help Nigeria’s stock market maintain bullish run in first 9 months of 2022

October 21, 2022

The Oil and Gas Index comprises seven well-capitalized and liquid companies in oil and gas marketing namely ARDOVA, CONOIL, ETERNA, ...

FG risks backlash as oil price crash encourages deregulation policy , Crude oil prices drop as investors assess demand recovery amid supply glut, Oil falls, approaches weekly decline as Covid-19 cases hit record

Oil prices drop on likely profit taking by traders after gaining nearly $10

byChike Olisah

October 10, 2022

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The decision by the group signaled an even tighter physical oil market ahead, pushing oil prices higher, although not as ...

Nigeria Oil and Gas Production: Suffering from Terminal Illness and Nervous Breakdown

byAdedamola Adegun

October 5, 2022

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This article is part of our monthly Oil and Gas newsletter.

Oil price surge to boost Nigeria’s foreign reserve by almost $3 billion – Fitch

Oil prices slump by 5% on weak China economic data, expected Iran supply

byChike Olisah

August 15, 2022

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Crude oil prices slumped on Monday due to disappointing economic data from China, the world’s largest crude importer and second-largest ...

Oil prices have surged despite new measures aimed at calming markets worried by the invasion of Ukraine

byNM Partners

March 8, 2022

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Where next for oil prices?, Brent crude futures gained 0.14 to trade at $34.70 at the time this report was drafted, recovering some of its losses earlier in the oil trading session. , Brent crude price fails to remain over $40, concerns over pledge cut strengthens

Oil marginally down on profit-taking but still trades at multi-year highs

byAjibola Akamo

January 20, 2022

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The black liquid is marginally bearish towards the start of the London session after hitting 2014 highs indicating that investors ...

Oil down by over 6% as new strain of COVID-19 virus causes panic selling

byAjibola Akamo

November 26, 2021

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The black liquid declined by over 5% today, hitting a two-month low as investors reacted to the new COVID-19 variant, ...

Nigeria’s external reserve falls to lowest in 10 months

Nigeria’s foreign reserve plunges by $2.1 billion in 6 months, falls to 3-year low

bySamuel Oyekanmi

July 5, 2021

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Nigeria's foreign reserve dipped 5.3% year to date, to stand at its lowest level since October 2017.

Naira stabilizes at black market as CBN continues its intervention in forex market

Naira remains stable across forex markets as external reserve plunges to 14 months low

bySamuel Oyekanmi

June 28, 2021

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Naira remained stable against the US dollar on Friday to close at N411.67 to a dollar, the same as recorded ...

Tag: oil price