Friday, May 15, 2026
Nigeria’s $2.8bn OPEC deal largesse meets roadblock in Mexico
By Moses Obajemu Nigeria’s hope of raking in a $2.8 billion largesse from its sale of crude oil following last...
Read moreDetailsCovid-19:Golden opportunity to reset economy, say analysts
"It is at a time like this that real, true, genuine leaders rise from the rubbles of disaster and position...
Read moreDetailsNigeria joins OPEC to cut crude oil production
The federal government on Friday said crude oil price would rebound by at least $15 per barrel in the short...
Read moreDetailsFocus shifts to G20 meeting  for OPEC++ deal as OPEC+ ends oil price warÂ
From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels...
Read moreDetailsCOVID-19: Africa to enter recession with 5% growth, World Bank predicts
The COVID-19 pandemic will drive Sub-Saharan Africa into recession with -5% growth, this year, the World Bank has predicted. It...
Read moreDetailsCOVID-19: We may face worst economic fallout since Great Depression – IMF
The global coronavirus pandemic is causing an economic crisis unlike any in the past century and will require a massive...
Read moreDetailsNNPC to hands-off refineries management, adopt NLNG model
The Nigerian National Petroleum Corporation (NNPC), yesterday, stated that it would no longer be involved in the management of the...
Read moreDetailsOil futures rise on hopes of production cuts
Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a...
Read moreDetailsWall Street climbs on hopeful coronavirus signs, healthcare lift
U.S. stock markets climbed on Wednesday as investors were encouraged by hopeful signs about the coronavirus outbreak in the United...
Read moreDetailsThe Nigerian National Petroleum Corporation says demand for Nigeria’s crude oil in March dropped by 6.8 million barrels due to...
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