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Economy

It’s always about the economy, stupid…

Economy

Pipeline Bombings: NNPC Shuts Port Harcourt, Kaduna Refineries

Imo MacDonald | Contributor -
The Nigerian National Petroleum Corporation, NNPC, Wednesday, Jnuary 20, 2016 announced the operational shutdown of the Port Harcourt and Kaduna Refineries owing to crude...
Economy

Nigeria Earns N3.27 Trillion From Oil In 10 Months – CBN

Julius Okeke | Political Reporter -
Nigeria earned N3.27 trillion from the oil and gas sector in 10 months, between January and October 2015, data obtained from the Central Bank...
Economy

Major Crude Oil, Gas Pipelines Destroyed In Delta

The Nation -
The Niger Delta region moved closer to armed hostilities yesterday following more attacks on oil facilities by youths believed to be supporters of ex-militant...
Economy

BREAKING NEWS: US Lifts Sanctions On Iran Following Compliance With Nuclear Deal

CNN -
President Barack Obama on Saturday signed an executive order lifting some of the U.S. economic sanctions on Iran, the White House announced.The move follows...
Economy

Militants Intensify Attacks On Oil Pipelines In Delta

Leadership -
Chevron Nigeria Limited and other oil companies in the riverside areas of Delta state are shutting down their operations on Saturday after another wanton...
Economy

Militants Blow Up ‘Strategic Pipelines’ In Delta – Report

The Nation -
Palpable tension gripped Gbaramatu kingdom and other parts of Warri, Delta State and the Niger Delta region on Friday morning after suspected militants blew...
Economy

Nigeria Not Cutting Crude Oil Production Despite Slumping Prices, Naira

ThisDay -
Nigeria said wednesday it would not cut oil production outside the framework of the Organisation of Petroleum Exporting Countries (OPEC), even as nose diving...
Economy

OPEC Won’t Hold Emergency Meeting Over Oil Prices – UAE Replies Kachikwu

Wires | The Trent -
The United Arab Emirates moved to quash talk of a potential emergency meeting of the Organisation of the Petroleum Exporting Countries (OPEC) after Nigeria’s...
Economy

It Gets Worse: Naira Crashes T0 43-Year Low, Now N305 Per Dollar

Vanguard -
The financial sector appears to have entered a heightened pressure, yesterday, as both the foreign exchange and stock market sustained major negative trends. The Naira...
Economy

Kachikwu Blames Saudi Arabia As Oil Price Crashes To $25 Per Barrel

CNN -
After watching the price of crude oil collapse by more than 65% to a 12-year low, there are signs that some members of the...
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