Nigeria producing 1.78mbd of crude oil – Kachikwu
Minister of State for Petroleum Resources, Ibe Kachikwu, says Nigeria is currently producing about 1.78 million barrel per day and about 350,000bpd of condensates.
According to Bloomberg,…
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How Nigeria burnt N275.6bn in 9 months of 2018
In the first nine months of 2018, Africa biggest oil producing country literally threw N275.6 billion into the flames through age long gas flaring menace in spite of its potential for…
How Nigeria burnt N275.6 billion in 9 months of 2018
In the first nine month of 2018, Africa biggest oil producing country literally threw N275.6 billion into the flames through age long gas flaring menace in spite of its potential for…
Emerging markets to profit from anticipated Fed pausing of US rate hikes
Emerging markets have been buoyed by hints from Federal Reserve officials that they might slow the tempo of interest-rate increases if the United States’ economic growth continues to…
TraderMoni is not Vote buying – Nwagba
The TraderMoni scheme of the Federal Government has generated a significant amount of buzz and national conversation: from those who laud its impact, and those who view it as politically…
Soldiers Overthrow President Ali Bongo of Gabon, BBC reports
Soldiers in oil-rich Gabon launched a coup d’état against the country’s president Ali Bongo, who is undergoing medical treatment in Morocco, BBC News reported Monday.
A soldier who…
Kingsley Moghalu has most coherent economic vision for Nigeria— PwC chief economist
Ahead of 2019 elections, Andrew Nevin, Nigeria's chief economist for PricewaterhouseCoopers (PwC), has chosen Young Progressive Party (YPP) presidential candidate Kingsley Moghalu as the…
Why Nigeria’s oil production cost of $22 per barrel is no cheer
The New Year day news of Africa’s largest producing country reducing its cost of producing oil leaves little to cheer as further investigation shows it’s much cheaper to produce crude oil in…
Why Nigeria’s oil production cost of $22 per barrel is no cheer
The New Year day news of Africa’s largest producing country reducing its cost of producing oil leaves little to cheer as further investigation shows it’s much cheaper to produce crude oil in…