Nigeria: Global Oil Price Plunge Impacts Economy
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.
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InFocus
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Governor of Lagos State Babatunde Fashola says the recent developments in the country is forcing state governments to source internally generated revenue. Read more »
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Following the increasing decline in the nation's external reserves, rising demand for foreign exchange occasioned by foreign investors divesting from the country in response to the ... Read more »
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The Minister of Petroleum Resources, Diezani Alison-Madueke, has said the reduction in fuel price was necessitated by the reduction in crude oil prices in the international market. Read more »