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Oil Crash Threatens Nigeria’s Gas Flaring Reduction

Oil Crash Threatens Nigeria’s Gas Flaring Reduction     The oil price crash brought on by the coronavirus pandemic looks set to put a damper on gas flaring reduction efforts in the country as oil firms cut capital spending. International and indigenous oil firms operating in the country...

Oil Crash: Is Nigeria’s Economy in ‘Soup’?

Oil Crash: Is Nigeria's Economy in 'Soup'? By Rahma Oladosu   Can we agree less with Wall Street Journal (WSJ)? The American-owned and world-famous media organisation, in a recent report said, as economic pain ripples to the developing world, Nigeria’s dependence on oil puts its economy under...

Oil Crash: Nigeria May Lose $8.63bn In 6 Months

Oil Crash: Nigeria May Lose $8.63bn In 6 Months   Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn from the expected earnings accruable to the country in six months. Already, the nation has lost over...