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Nigeria: Oil Marketers Threaten to Halt Imports
Daily Trust, 9 February 2009
Even as fuel queues that appeared at the petrol filling stations following the reduction in petrol price by the Federal Government began to abate, a fresh crisis erupted yesterday… Read more »
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Nigeria: Govt, Others Confused As Oil Crashes to U.S. $38
Independent (Lagos), 9 February 2009
Nigeria and other oil producing countries are yet to overcome the confusion emanating from the sinking prices of oil, their major source of revenue as the commodity failed at the… Read more »
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Nigeria: Sliding Oil Price, Naira Value - Labour Warns of Imminent Inflation
Independent (Lagos), 9 February 2009
Nigeria is about to be hit by mega inflation, caused by the sliding price of oil, its major source of revenue, and the depreciation of Naira, its currency, Labour alerted at the… Read more »