OPEC

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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...
Paul Owolabi -
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Nigeria’s foreign reserves dips further to $33.44 billion in four months

The Nigerian foreign reserves has dropped from $38.53 billion to $33.44 billion in nearly four months, Central Bank of...
Paul Owolabi -
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Despite 72 percent fall in global average crude oil price, FG slashes petrol price for Nigerians by just 13 percent

ORGANIZATION of the Petroleum Exporting Countries (OPEC) basket has shown that the average price of crude oil has fallen...
Paul Owolabi -
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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...
Paul Owolabi -
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Crude oil price plunges 47 percent below Nigeria’s $57 per barrel benchmark

International crude oil price on Monday plunged to $30,  a 47 per cent decline against the $57 benchmark for...
Paul Owolabi -
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OPEC lowers projection for 2020 as fear of drastic fall in oil price heightens

ON Wednesday, the Organisation of Petroleum Exporting Countries, OPEC, revised its projected forecast for global crude oil demand growth...
Amos ABBA -
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