Oil, manufacturing sectors got highest credits from banks in second quarter…
The oil and gas and manufacturing sectors got the highest credits from banks to the private sector at N3.45 trillion and N2.02…
Browsing Tag
Oil
OPEC output rises on Nigeria, Kuwait supplies
Oil production from the Organisation of Petroleum Exporting Countries (OPEC) rose in July, despite supply shortfalls from Libya,…
How oil exports, controlled imports aided Nigeria’s exit from recession –…
The National Bureau of Statistics (NBS) on Monday said Nigeria’s recovery from economic recession slowly began in the second…
African countries must look beyond oil to attain development – Osinbajo
Vice President Yemi Osinbajo has called on African countries to diversify their economies and look beyond oil-based revenue for…
Oil prices hit $80, highest since Nov 2014
Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to…
Oil price rises above $75 per barrel
International oil benchmark, Brent crude, on Monday hit $75 per barrel and rose further amid growing geopolitical tensions in the…
Oil prices jump as Brent hits $70
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as U.S. stock prices rose.…
Restructuring: Desperate search for oil in northern Nigeria is unnecessary…
Deputy Senate President Ike Ekweremadu has said the ‘desperate search’ for oil in the Lake Chad, Sokoto and River Benue basins was…
Reps approve 2018-2020 MTEF document, increase oil price benchmark to from…
The House of Representatives on Tuesday approved the 2018-2020 Medium Term Expenditure Framework, MTEF, while also increasing the…