Nigeria’s Gas Exports Recover, Surpass Pre-COVID-19 Level
The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71 billion cubic feet, the highest level in more than a year.
Nigeria, which has the largest gas reserves in...
Crude Oil Price Rises By 6% To $41
The international oil benchmark, Brent crude, surged by six per cent on Monday after doctors said the United States President Donald Trump could soon be discharged from the hospital where he was being treated for COVID-19.
The upturn...
Oil Firms’ Debts Near N5trn Amid Price Collapse
The debts owed by oil and gas companies to Nigerian banks rose by N90bn in the second quarter of this year to nearly N5tn as many operators struggle to stay afloat in the face of depressed prices...
Experts Fear Downturn In Nigeria As UK Enters Recession
The current recession in the United Kingdom will have a negative effect on bilateral trade between Nigeria and the UK as both countries will count their losses during the period.
Nigerian Country Director, Nigerian London Business Forum,...
World Bank: Coronavirus Crisis Could Push 60million People Into Extreme Poverty
The coronavirus pandemic could push as many as 60 million people into extreme poverty, the World Bank said on Tuesday.
The warning suggests deepening pessimism among economists about the scale and duration of the fallout...
Nigerian Editor Contracts Coronavirus from Late Journalist in Sokoto
A seasoned journalist in Sokoto State and Editor of Newsdiaryonline, Mr. Abdallah El-Kurebe has tested positive for Coronavirus.
PRNigeria learnt that the prolific editor, contacted the deadly virus from a fellow journalist who had tested positive for...
