Tag: OPEC
Angola exits OPEC over unfavourable policies
Angola said it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support...
How Nigeria lost N16.25tr to crude oil theft in 11 years
Tajudeen Abbas, Speaker of the House of Representatives yesterday disclosed that about $46 billion (N16.25 trillion) was lost to crude oil theft between 2009...
Nigeria Must Quit OPEC, Doyin Okupe Advises Tinubu
Nigeria Must Quit OPEC, Doyin Okupe Advises Tinubu
Former presidential aide Doyin Okupe has suggested several economic interventions to President Bola Tinubu, including that Nigeria...
Dollar index decreases by 1.6% in July – OPEC
The Organisation of the Petroleum Exporting Countries, OPEC, has said the U.S. dollar index decreased by 1.6 percent month-on-month, m-o-m, in July, erasing gains...
Nigeria’s economy grew by 2.4% – OPEC
The Organisation of the Petroleum Exporting Countries, OPEC, has said that Nigeria’s economic growth in the first quarter of 2023 (1Q23) stood at 2.4...
Northern Group Threatens Mass Protest Over Soaring Food Prices and Living...
The Arewa Citizens Watch for Good Governance (ACWGG), has said it would mobilise its members and other Civil Society Organisations (CSOs) to protest against...
Obasanjo laments Nigeria’s poor politics leading to poverty
Former President Olusegun Obasanjo, yesterday, in a damning verdict, said Nigeria has failed the African continent in particular, and the world in general.
Obasanjo stated...
OPEC-China energy dialogue, avenue for global oil market stability – Administrator
Mr Zhang Jianhua, Administrator, National Energy Administration, the People’s Republic of China, has lauded the high-level energy dialogue between China and Organisation of Petroleum...
Global energy demand to increase by 23%- OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent from now to 2045,...
OPEC existence saves global energy market from chaos – FG
The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved the global...