Oil price crisis

External reserves fall by $2.3bn on plunging oil price

Nigeria’s external reserves recorded a decline of $2.3bn from $38.59bn to $36.22bn within a two-month period, covering January 1 and…

By Businessam Staff March 14, 2020

March 14, 2020

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March 13, 2020

The Nigerian central bank will be unable to maintain the naira’s value for much longer as a slump in oil…

March 13, 2020

Rebalancing the oil market in a context of dropping demand and rising supply will take a while, energy expert Daniel Yergin told…