Opec
- BUSINESS
IMF, World Bank partner to raise funds to support poor countries
The International Monetary Fund (IMF) says it is collaborating with the World Bank to increase capacity to support low-income countries.…
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NLNG urges urgent action for more gas gains, clean greener future
NLNG has urged the federal government and stakeholders to urgently take action in order to secure gains from gas towards…
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Nigeria’s economy grew by 2.4% in Q1 2023, says OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has said that Nigeria’s economic growth in the first quarter of 2023…
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OPEC members cut oil production volumes for market stability
Members of the Organisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production…
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Raise oil production to reduce 2023 budget deficit- Experts urge FG
Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to…
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OPEC decision on production cut unanimous, says Sylva
Chief Timipre Sylva, Minister of State Petroleum Resources, says the Organisation of Petroleum Exporting Countries (OPEC) decision to cut two…
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IEA warns of risks as OPEC+ slashes output
The International Energy Agency (IEA) on Thursday warned that a dramatic cut in oil production will have a serious impact…
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Crude oil production: Angola, Libya maintain lead over Nigeria – OPEC report
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers,…
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Oil rises towards $90 as OPEC+ considers output cut
Oil prices firmed on Thursday, erasing earlier losses, on indications that OPEC+ might cut output, though a stronger dollar and…
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OPEC+ agrees small oil production cut
OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have…
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