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Tag "crude oil"

Despite growth projections, IMF says Nigeria’s economy may ‘not be so lucky’

    Despite growth projections, IMF says Nigeria’s economy may ‘not be so lucky’

The International Monetary Fund (IMF) says Nigeria’s economy might not be so lucky despite the growth projections from various quarters. Giving his opening remarks at the unveiling of the 2018

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NNPC to Falana: We can’t disclose how much Nigeria earns daily from crude oil sales

    NNPC to Falana: We can’t disclose how much Nigeria earns daily from crude oil sales

The Nigerian National Petroleum Cooperation (NNPC) has denied the request of Femi Falana, lawyer and human rights acvitist, seeking to know how much revenue Nigeria is getting daily from the

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By 2022, US may cut back crude oil import from Nigeria

    By 2022, US may cut back crude oil import from Nigeria

The US may drastically reduce its import of crude oil from Nigeria by 2022. According to the US Energy Information Administration (EIA), the country is projected to become a net

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Naira untouched as stocks, crude oil record losses

    Naira untouched as stocks, crude oil record losses

The naira remained stable on Tuesday despite losses recorded on the Nigerian Stock Exchange and global crude oil market. The naira appreciated against the dollar to exchange at N361/$ against

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Dogara: Fuel scarcity won’t stop until we’re able to refine crude locally

  Dogara: Fuel scarcity won’t stop until we’re able to refine crude locally

Yakubu Dogara, speaker of the house of representatives, says the solution to incessant fuel scarcity in the country is the

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Adeosun: We don’t care if oil prices rise or fall

  Adeosun: We don’t care if oil prices rise or fall

Kemi Adeosun, minister of finance, says Nigeria has got to a point where it does not care if oil prices

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Oil prices hit $70 per barrel amid OPEC cuts

  Oil prices hit $70 per barrel amid OPEC cuts

Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth and supply restrictions led by the Organisation

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Oil price will ‘remain between $40-$60’ despite OPEC cut

  Oil price will ‘remain between $40-$60’ despite OPEC cut

Moody’s, US-based ratings agency, says crude oil prices will remain within the range of $40 to $60 despite the extension

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TIMELINE: How naira moved from N520/$ to N360/$

  TIMELINE: How naira moved from N520/$ to N360/$

The strength of a nation’s currency is crucial because it affects the purchasing power of its citizens and domestic and

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Nigerian crude customers double purchase of US shale

  Nigerian crude customers double purchase of US shale

Some of the countries that purchase crude from Nigeria have doubled their purchase of shale, the US version of crude

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