OIl price

Nigeria gains as Qatar warns oil price may hit $150/barrel in three weeks

NIGERIA is currently benefiting from a price surge as oil prices are forecast to reach $150 per barrel within...

Nigeria faces crude oil revenue strain as OPEC+ raises output

THE Organisation of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, plan to raise crude oil...
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Amid oil price slump, Trump tariff, FG plans to rejig 2025 budget

THE Federal Government said it is prepared to rejig the 2025 budget amid a slump in global oil prices...

Updated: No sunny side for Nigeria as oil price tops $105 on Russia’s invasion of Ukraine

BRENT crude price hit $103 per barrel on Thursday after President Vladimir Putin ordered Russian troops into Ukraine, The ICIR's checks have shown.
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Nigeria’s foreign exchange reserves would fall to $23.3bn by end of 2020 – Fitch Ratings

FITCH a global credit rating agency has stated that Nigeria's foreign exchange reserves would fall to $23.3bn by the...

FG approves revised budget based on $25 per barrel oil price

THE federal government on Wednesday, approved the revised 2020 budget, adopting a benchmark of $25 per barrel after months...
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