Oil production drops, as Nigeria complies with OPEC’s cut
Nigeria’s crude oil production fell to a record low of 1.57 million barrels per day last month, as the country ...
Tag: Oil
Banks to recover N6.125 trillion loan from oil firms
Commercial banks in Nigeria are set to begin the recovery of N6.125 trillion borrowed to oil firms in a bid ...
Border closure: A boost to our clientele base – Palm Oil producer
Managing Director/CEO, Okomu Oil Palm Plc, Graham Hefer, said the closure of the borders has been a blessing to the ...
Nigeria’s Foreign Trade hits N9.18 trillion in Q3, as non-oil export rose by 374.5%
Nigeria’s foreign trade rose to N9.18 trillion in the Q3f 2019, up from N8.60 trillion recorded in the previous quarter. ...
Nigeria Weekly Update: A better NPL picture
Nigerian banks have improved non-performing loans (NPLs) post-recession. However, our study shows certain sector NPLs have deteriorated.
Nigeria Weekly Update: Market interest rates back up
The Central Bank of Nigeria (CBN) has been promoting pro-growth strategies recently, while letting market interest rates fall to a ...
Nigeria Weekly Update: Low Naira yields, for how long?
Last week, President Muhammadu Buhari directed the Central Bank of Nigeria (CBN) to halt the sale of foreign exchange for ...
Otedola shifts focus to Geregu Power Plc with a $1 billion investment
Billionaire investor and businessman, @realFemiOtedola, has revealed plans to shift focus to power with a plan to invest $1bn into ...
Major boost for Nigeria as U.S increases oil imports from Africa
Nigeria's oil export has received a major boost as the U.S refineries upped their crude oil imports from Africa, doubling ...
Dangote Refinery to save Nigeria from dirty fuels with Euro V specification
Dangote Oil Refinery Company says its refinery has been designed to process a variety of light and medium grades of ...
