Pharma Export Earnings at Risk as Middle-East Tensions Escalate - MAN
Nigeria’s chemical and pharmaceutical manufacturers face the highest risk from the ongoing US–Israel–Iran conflict, the Manufacturers Association of Nigeria (MAN) has warned, citing their heavy exposure to global oil price shocks and export dependence...
Amid Middle East Tension, Brent Crude Price Hits Rooftop
Brent crude price rose by 2.3 per cent to $79.18 per barrel on Friday amid tension in the Middle East.
According to figures from oilprices.com, Brent was trading at $79.19 per barrel as of the earlier Friday...
Nigeria, Middle East Trade Volume Now $19.3bn
The bilateral trade volume between Nigeria and the Middle East reached $19.3 billion in 2019 while Nigeria’s export to China was about $2billion in the form of mineral oils and fuels, oil seeds, plastics, rubber, animal products, shipping...
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies.
Brent crude futures, the international benchmark for oil prices, were at 58.27 dollars at 0131 GMT, up 39 cents, or 0.7 per...
