OIl price

Oil earnings to decline by 80 per cent in 2020 – FG

As federal government projected revenue from oil earnings continues to decline, Federation Account Allocation is now expected to fall...

COVID-19: Experts optimistic on oil price rise but warn that reforms must happen

Despite the current crisis in the petroleum sector occasioned by a slide in crude oil prices, industry experts and...
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FG proposes 20 percent cut on capital projects in 2020 budget

THE Federal Government has proposed a 20 per cent cut in the 2020 budget on capital projects across ministries,...

Coronavirus, oil price drop worry Nigerian stock investors

THE Nigerian Stock Exchange (NSE) recorded a 2.41 per cent decline in Monday's trading day, while the bond market...
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Crash in oil prices was not a surprise to me since China was bogged down by COVID-19— Ezekwesili

OBY Ezekwesili, former Minister of Education says she was not surprised at the crash of oil prices to $30...

FG to review 2020 budget as crude oil prices shrink

THE Federal Government has announced the plan to review the 2020 budget as oil prices and revenue shrink further...
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