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Nigeria:
Amidst Oil Price Crash, Govt Says No Cause to Panic
This Day, 12 March 2020
The federal government wednesday allayed fears of an economic crisis in view of the effects of the crash in global oil prices and the Coronavirus epidemic on the nation's economy. Read more »
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Nigeria:
Low Oil Prices Threatening Nigeria's Spending Projections
Daily Trust, 12 March 2020
It would be recalled that President Muhammadu Buhari had last October, while laying the N10.33trn Appropriation Bill before the joint session of the National Assembly, projected… Read more »
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Nigeria:
Coronavirus - Trouble Looms in Nigeria As 50 Oil Cargoes Stranded
Daily Trust, 12 March 2020
The Nigerian National Petroleum Corporation (NNPC) yesterday raised the alarm about the looming crisis as a result of low oil prices and asked Nigerians to brace up for tougher… Read more »
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Nigeria:
Nigeria Faces Revenue Crisis As Oil Price Crashes
Premium Times, 9 March 2020
Barely hours after the world's top oil exporter, Saudi Arabia, began a global oil fight, Brent crude oil crashed by about 30 per cent, sending Nigeria into a revenue crisis. Read more »
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Nigeria:
Coronavirus - Prepare for Trouble, NNPC Boss Tells Nigerians
Vanguard, 12 March 2020
As top Federal Government officials battle to find ways to minimise the impact of the oil price crash on the Nigerian economy due to the global coronavirus crisis, the Group… Read more »
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Nigeria:
Oil Price Crash 'Shocking' - Finance Minister
Premium Times, 11 March 2020
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the crash in oil price on Monday was a shock to the country. Read more »
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Nigeria:
We Need to Adjust to Life Without Oil - Minister
This Day, 11 March 2020
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed Wednesday said Nigerians must start to consider living a life without oil, following the recent crash in global… Read more »
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Nigeria:
Oil Crash - Nigeria Looking for Buyers for 50 Oil Cargoes, 12 LNG Cargoes - NNPC
Vanguard, 11 March 2020
The Nigerian National Petroleum Corporation, NNPC, on Wednesday , disclosed that the Coronavirus pandemic was taking its toll on the Nigerian economy, stating that currently, the… Read more »