OIL PRICE CRASH: NIGERIA HAS RAN OUT OF FOREIGN EXCHANGE SAYS EX- US AMBASSADOR, JOHN CAMPBELL

Kayode Oyero A former United States Ambassador to Nigeria, John Campbell, says Nigeria is experiencing a shortage of Foreign Exchange due to the fall in international oil prices. He said…

OIL PRICES DROP FOR THE SECOND MONTH, UNSOLD CARGOES INCREASE

Okechukwu Nnodim, Abuja Crude oil in the Organisation of Petroleum Exporting Countries reference basket dropped for the second consecutive month in April, shedding 48 per cent of its worth, as…

NIGERIA TO STOP CRUDE OIL PRODUCTION OVER PRICE CRASH

Okechukwu Nnodim, Abuja Nigeria has not stopped producing crude oil but a persistent crash in oil prices may lead to a halt in production, the Nigerian National Petroleum Corporation has…