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Boom for Nigeria as Oil Prices hit $73.79 a barrel

Boom for Nigeria as Oil Prices hit $73.79 a barrel An improvement in Nigeria’s oil earnings is on course as prices held firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts, as well as strong demand, gradually draw down...

‘Crude Export Earnings Fell by N153.5bn in May’

The country’s earnings from crude oil export have continued to fall, as latest data from the Central Bank of Nigeria showed that the volume of crude export dropped by 10.23 million barrels in the month of May. At the official exchange rate of N315.5 to...