Nigeria’s Oil Sector Suffers 6.63% Decline Amid Production Cuts     Amid the collapse of oil prices and demand, Nigeria’s oil and gas sector saw its contribution to the economy tumble in the second quarter of this year as it recorded negative growth. For the first time in...

Nigeria, Others To Discuss Further Oil Production Cuts   Nigeria and other members of the Organisation of Petroleum Exporting Countries will gather this week to debate whether to cut oil production further as the spread of coronavirus hits demand for crude worldwide. Reuters reported on Tuesday that...

Nigeria, Others Plan Additional 500,000bpd Oil Production Cut   The Organisation of Petroleum Exporting Countries and its allies are considering a recommendation to cut an additional 500,000 barrels per day of crude production through the first quarter of 2020, with an option to extend it for...