COVID-19: OPEC’s Historic Deal Offers Hope for Nigeria’s Economy
*With coronavirus ravaging the world, one of the victims is the economy of the world in general and Nigeria’s in particular
In March, the Finance Minister, Zainab Ahmed, revealed the preparedness of Nigeria to review the 2020 budget!-->!-->!-->…
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Oil climbs more than 4% as OPEC+ agrees record output cut
FILE PHOTO © REUTERS/Ints Kalnins
The OPEC+ cartel’s milestone decision to cut production has seen prices rise on Monday, bringing temporary relief to the oil markets that were severely hit in the midst of the global coronavirus!-->!-->!-->!-->!-->…
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COVID 19: NCDMB, PETAN Donate Ambulances, Medical Supplies To 3 States
The Nigerian Content Development and Monitoring Board (NCDMB) has handed over ambulances, ventilators and other special medical supplies to the Governments of Bayelsa, Delta and Rivers States in support of efforts to combat the spread of!-->…
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The Reality Of The End Of Oil
The Oil Age has powered the world for well over a century. There have been two general schools of thought about how it will ultimately end. There were those who believed that oil production would peak and begin to decline in the face of!-->…
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OPEC: Nigeria Joins in 9.7mbpd Production Cut
On Easter Sunday, April 12th, 2020, Nigeria joined its other OPEC+ counterparts to bring into effect the agreement to cut 9.7 Million Barrels of supply following the alignment of Mexico.
Nigeria's Minister of State for Petroleum!-->!-->!-->…
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Saudi Arabia delays release of oil price data
…After Mexico refuses to yield output cuts
On Thursday, Riyadh, Moscow and other OPEC+ members and partners tentatively agreed to cut crude output by some 10 million barrels per day (bpd) over the next two months, with the deal!-->!-->!-->…
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OPEC to begin systematic reduction in crude oil production
The Organisation of Petroleum Exporting Countries, OPEC says, the Coronavirus Disease Pandemic has compelled it to assess and reassess the consequences in the Oil Market on an almost daily basis to find solutions to help all people of!-->!-->!-->…
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Sylva Greets Nigerians on Easter Period
...I greet you all, dear Nigerians, on the commemoration of the resurrection of Jesus Christ for the salvation of the world
This season, this storied moment, is deeply rooted in love and sacrifice. To renew us, Jesus Christ had to!-->!-->!-->…
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COVID-19: SHELL Equips 3 Hospitals, Provides 8 Vehicles
The Shell companies in Nigeria on Tuesday presented eight vehicles to Lagos and Rivers State governments to support the efforts at contact tracing and treatment of novel coronavirus (COVID-19) cases.
The companies, comprising The!-->!-->!-->…
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COVID-19: Gov Bello locks down Niger
- Governor Bello of Niger state has announced the lockdown of the state in a bid to contain the coronavirus pandemic in the state
- The governor's action follows the confirmation of the state's first COVID-19 case on Friday
- The!-->!-->!-->!-->!-->…
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