Oil trades near $57 as Nigeria oil workers halt strike, agree to talks next month
Businessam Staff
December 19, 2017
Oil prices traded near $57 a barrel before U.S. data forecast to show crude stockpiles in the world’s biggest consumer fell for a
Nigeria economy grows 1.4% in q3 as oil production increases to 2.03m bpd
Businessam StaffNovember 20, 2017
Nigeria’s economy expanded in the third quarter 2017, as oil production output increased. The gross domestic product of Africa’s
Hedge funds add bullish oil bets as mideast tension heats up
Businessam StaffNovember 13, 2017
The Middle East is kicking things up a notch in the oil market. Hedge-fund bets on rising Brent crude hit a fresh record as tension in
NNPC to establish biofuel plant in Ondo as part of efforts to reduce carbon emission, create jobs
Businessam StaffNovember 1, 2017
The Nigerian National Petroleum Corporation (NNPC) has signed a memorandum of understanding (MoU) with the Ondo State Government to
Fresh threat on Nigeria’s fragile economy in Niger Delta agitators’ planned attacks on oil installations
Businessam StaffSeptember 4, 2017
Trouble is brewing in the Niger Delta swamplands, home to oil, the mainstay of the Nigerian economy, as the Coalition of Niger Delta