This is a very bad time for oil dependent country like Nigeria because a scary analysis in Bloomberg by Gary Shilling has predicted a further tumble...
The major headline-catching storyline throughout the latter half of 2014 and even the opening week of 2015 has been the dramatic plummet in oil prices, with...
Brent crude oil price dipped to a five-year low and reached $67.17 on Monday, which is the fastest dive since the year 2008, according to official...
The failure of the cartel partners in the Organization of the Petroleum Exporting Countries (OPEC) to agree to a production cut that would put a brake...
Mrs. Diezani Alison-Madueke, Nigeria’s minister of petroleum, has just been elected the first female president of OPEC (Organisation of Petroleum Exporting Countries). She is the replacement...
Diezani Alison-Madueke, Petroleum minister yesterday lost out in the race to replace the secretary general of the Organisation of Petroleum Exporting Countries (OPEC), as the incumbent...
