Huge downside risks for Nigerian economy over Russia-Ukraine conflict, says CPPE
BY: ONOME AMUGE Russia’s invasion of Ukraine has serious implications for the Nigerian economy which is likely to worsen if ...
Friday, March 13, 2026
Tag: Energy
IEA steps up new global campaign to stop oil drilling to counter Nigeria’s ridiculous search resumption in Sokoto Basin
…Intergovernmental body says stopping new oil wells are paths to avoid climate catastrophe …With OPEC to control global oil ...
Wind and solar produced 10% of global electricity in first half of 2020- report
BY: Moses olajuwon Obajemu Wind turbines and solar panels accounted for a record 10% of the world’s electricity in the ...
Power: Siemens gets N8.64bn counterpart funding to boost electricity in Nigeria
The Nigerian electricity improvement scheme between a glober energy company, Siemens, and the Nigerian government moved a step closer to ...
Oil giant, Saudi Arabia, records $29bn deficit in Q2 as oil demand continues to fall
World oil-producing giant, Saudi Arabia, has recorded an oil revenue deficit of $29 billion for the second quarter of the ...
NNPC pens $1.5bn prepayment oil financing deal with traders
The Nigerian National Petroleum Corporation has signed a $1.5bn prepayment deal that will see it selling crude to some oil ...
How NNPC officials contributed to the economic adversity of Nigeria by stealing $2bn crude oil – Firm
A gripping expose of how officials of the national oil company, NNPC, undermined the nation's economy and stole 48 million ...
Oil up on weaker dollar, high U.S. inventory
Oil prices rose on Thursday on the back of a weaker dollar, but gains were capped by concerns about rising ...
Oil prices rise $1/bbl on virus vaccine hopes, EU stimulus deal
Outlook for oil demand looked positive on Tuesday, causing oil prices to rise about $1 a barrel on Tuesday, hitting ...
Oil prices fall as COVID-19 infections rise
Oil prices, on Monday, fell as coronavirus cases increase in many countries of the world. However, investors remained cautiously optimistic ...
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