Organisation of Petroleum Exporting Countries

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ANALYSIS: If India, Germany, others fail to buy crude oil from Nigeria, economic collapse is sure

IN January 2019, Nigeria lost one of its biggest oil trading partners, the United States,  when Washington stopped buying...
Amos ABBA -
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Nigeria crude oil exports suffers poor sales, amidst competing US oil production

THE glut of crude oil supply in the oil market hit Nigeria's crude oil exports with poor sales, amidst efforts to...
Amos ABBA -
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Report: Nigeria’s economic collapse is imminent, beyond its oil based economy

NIGERIA’s dependence on proceeds from crude oil revenues puts its economic survival beyond the post-oil economy in a precarious...
Amos ABBA -
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GMDs of the NNPC who had managed Nigeria’s oil “cash cow” since 1999

THE newly appointed Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Melee Kyari, on Monday, took charge...
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Nigeria signs up for OPEC nine-month crude oil supply cuts to boost prices

NIGERIA, alongside other member-states of Organisation of Petroleum Exporting Countries, OPEC, on Tuesday, agreed to extend oil production cuts...
Amos ABBA -
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Nigeria’s profit from oil exports hits $236.2 bn in five years, as oil reserves slide

NIGERIA raked in $236.2 billion from the proceeds made from crude oil exports between 2014 to 2018,  according to...
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