NIGERIA CRUDE OIL

The Central Bank of Nigeria (CBN) has devalued the Naira exchange rate on the Investors and Exporters’ (I&E) window from the N366.7 to N380.20 to a dollar.  This is as a result of the drastic drop in crude oil price to below $30 per…

The international oil benchmark, Brent crude, halted its losing streak on March 19, trading around $28 per barrel as the United States President, Donald Trump, said he might intervene in the price war between Saudi Arabia and Russia.…

Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased out put of 91,500 barrels per day (bpd) in February 2018. Angola, which is Nigeria’s rival in…