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Tag "crude oil"

Oil exploration ‘destroying’ the ecosystem

    Oil exploration ‘destroying’ the ecosystem

 Oil exploration by multinational companies has destroyed the ecosystem and caused environmental warming. Nnimo Bassey, coordinator of Health of Mother Earth Foundation (HOMEF), said this on Sunday at an environmental awareness

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POLL: Should FG sell petrol at N99 actual cost?

    POLL: Should FG sell petrol at N99 actual cost?

It’s funny how good news to one is bad to another. Crude oil prices are rising on the international market, hitting an all-year high of $48 per barrel. But this

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IMF slashes global growth but markets rally

    IMF slashes global growth but markets rally

The financial markets were noticeably unfazed during trading on Tuesday despite the International Monetary Fund’s (IMF) gloomy warnings of diminishing global growth which should have dented investor sentiment and soured

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STAT: Nigeria exported N45.2 billion worth of cigarettes, cocoa in Q4 2015

    STAT: Nigeria exported N45.2 billion worth of cigarettes, cocoa in Q4 2015

Nigeria exported cigarettes, cocoa and its derivatives to the tune of N45.2 billion in the last three months of 2015, according to the Nigerian Bureau of Statistics (NBS). The largest

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7 things you won’t believe are now more expensive than a barrel of crude oil

  7 things you won’t believe are now more expensive than a barrel of crude oil

They say oil price is dwindling; it’s $29 today and $26 tomorrow. The noise in the media about this oil

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Oil prices rebound as World Bank lowers forecast

  Oil prices rebound as World Bank lowers forecast

One day after oil prices fell based on a larger-than-expected build in US crude inventories, the prices have risen, moving

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Oil prices fall again as US increases supply

  Oil prices fall again as US increases supply

Crude oil prices fell again on Wednesday, following the release of data from an industry group showing a larger-than-expected build

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101 oil firms ‘willing to give up petrol for crude’

  101 oil firms ‘willing to give up petrol for crude’

A hundred and one oil firms have registered their willingness to enter into crude-for-petroleum deal with the Nigerian National Petroleum

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More worries for Nigeria as oil dips to 6-year low

  More worries for Nigeria as oil dips to 6-year low

Nigeria’s principal source of foreign exchange hit a 6-year-low on Thursday as it fell by 4% on the international market

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Nigerian crude oil prices ‘hit 10-year low’

  Nigerian crude oil prices ‘hit 10-year low’

The official prices of the Nigerian crude oil have hit the lowest in at least 10 years, with excess supply

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