External reserves fall by $2.3bn on plunging oil price
Businessam Staff
March 14, 2020
Nigeria’s external reserves recorded a decline of $2.3bn from $38.59bn to $36.22bn within a two-month period, covering January 1 and
Oil flood: Russian oil giants prepare for a production surge
Businessam StaffMarch 14, 2020
Russian oil firms plan to raise their oil production from April and they are comfortable with the current oil prices and even lower,
Naira devaluation likely soon due to oil price slump – Survey
Businessam StaffMarch 13, 2020
The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil prices drains foreign
No end in sight for the oil price crisis, says Daniel Yergin
Businessam StaffMarch 13, 2020
Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told