Nigerian banks are now rationing forex withdrawals by customers, TheCable can report. The economy has suffered a double blow from the COVID-19 pandemic and low oil prices, leading to little
Tag "crude oil"
In Nigeria, oil is definitely the apple of our eyes — we don’t need to argue over that. But this piece of news should set us thinking once again: Apple,
April 20, 2020 will go down in the history books as the day when WTI crude futures expiring in May plunged more than 300 per cent, falling as low as
A darker mood awaits the largest economy in Africa as oil descends to levels to not seen in more than two decades below $15. Over the past few months, the
The Nigerian National Petroleum Corporation (NNPC) says demand for Nigeria’s crude oil has dropped by 6.8 million barrels in March.
After more than 1200 days after Britain voted to leave the European Union, the country still remains in the trading
BudgIT, a civic tech organisation, says only three states in the country can fund their expenditure without allocations from federal
Nigeria lost 22.6 million barrels of crude oil worth $1.35bn within the first six month of 2019, according to state
Femi Falana, human rights lawyer, says $12.7 billion worth of crude oil was stolen from Nigeria between 2011 and 2014.
There is a feeling of change within the strategy of how OPEC operates. This uncertainty has played a leading role
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