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'?
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
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...
