Nigeria: Global Oil Price Plunge Impacts Economy

Updated: Wed 25 Feb, 05:27 am

The global drop in crude oil prices has continued to affect Nigeria, as the country recorded a major loss in revenue from oil exports in November and December, 2014. read more »

Russian Firm Wins Oil Deal in Uganda

Updated: Thu 19 Feb, 12:21 am

The decision to award the contract strengthens the growing ties between Kampala and Moscow. read more »

Oil Price Drop Deepens Nigeria Economy Concerns

Updated: Fri 14 Nov, 05:00 am

Falling international oil prices are eroding Nigeria's external reserves, according to figures from the Central Bank of Nigeria. The country's Independent Petroleum Marketers Association said local … read more »