Nigeria Spends N1.7trn on Petrol Importation in 2019 The total amount spent on petrol importation in 2019 declined by 42 per cent from N2.95 trillion recorded...
Nigeria to Struggle Amid low Oil Prices, Weak Reserves President Muhammadu Buhari on Monday sets up a new committee to review the impacts of low oil...
AfDB Approves $200m For Nigeria’s Power Transmission Projects The management of the African Development Bank (AfDB) said it has approved $200 million for the expansion of...
Nigeria Records First Trade Deficit in 4 Years Nigeria’s total trade in the fourth quarter of 2019 stood at N10.120 trillion, according to the National Bureau...
Second Coronavirus Case Confirms in Nigeria Osagie Ehanire, the Minister of Health, has confirmed the second case of coronavirus in Africa’s largest population, Nigeria. In the...
Oil Prices Decline by 30% on Monday as OPEC Fails to Get Russia Onboard Global oil prices plunged on Monday by 30 percent as the Organisation...
Coronavirus Confirmed in Cameroon Another African nation, Cameroon, has confirmed its first case of coronavirus despite measures to prevent the virus from most African nations struggling...
Oil Price Drops to $47 on Friday as OPEC Awaits Russia Oil price plunged below $50 a barrel on Friday during Asian trading session as OPEC...
Zero Oil Plan to Lift 20m Nigerians Out of Poverty – Awolowo Mr Olusegun Awolowo, the Executive Director/Chief Executive Officer, the Nigeria Export Promotion Council (NEPC),...
Nigeria Struggling to Sell Crude oil as Demand Tumbles Falling global demand for crude oil amid fast-spreading coronavirus has prevented Nigerian oil traders from finding buyers...
