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Tag: OPEC
NNPC: Nigeria Will Be Out Of Business If Steep Oil Prices Slump Persist
March 12, 2020
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, on Wednesday said the global drastic crash in oil prices portends an ominous reality for the future of Nigeria business arrangements in ...
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‘What exactly happened to oil money?’ — Osinbajo tackles Obasanjo, Jonathan, Babangida govts
August 28, 2018
Vice-President Yemi Osinbajo has questioned the management of Nigeria’s oil resources by previous administrations. Relying on OPEC statistics on oil revenues accruable to Nigeria under successive administrations between 1990 and 2014, the vice-president said not ...
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Oil Prices Jump After U.S. Abandons Iran Deal
May 9, 2018
Oil prices rose more than two per cent on Wednesday, with Brent hitting a 3-1/2-year high, after U.S. President Donald Trump abandoned a nuclear deal with Iran and announced the “highest level” of sanctions against ...
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