oil

Uganda: Kikuube turns to sugarcane growing as the wait for oil continues

For so many years, locals in the Albertine place have patiently waited for industrial manufacturing of oil in vain. However,…

September 28, 2020

Business: Oil edges higher as fears about sliding demand rise

Oil prices recovered in addition floor on Friday, after touching three-week lows in the previous session, responding to a document…

July 31, 2020

IMF approves $3.4 billion emergency loan to Nigeria

The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to…

April 29, 2020

Nigeria to cut oil production

Nigeria will cut its oil production by 1.9 million barrels per day. This will reduce its daily crude oil production…

April 10, 2020

Gombe loses N800m to oil price crash –NLC

The Gombe State Chairman, Nigeria Labour Congress, Musa Mohammed, has called on civil servants in the state to remain calm.…

March 31, 2020

Nigeria oil mogul prayerfully ‘rebukes, cancels’ coronavirus globally

One of Nigeria’s richest women Folorunsho Alakija has advanced prayer as a sure route to beat the coronavirus pandemic. According…

March 24, 2020

OPEC slashes oil production worldwide

OPEC’s decision to cut oil production worldwide is yet another blow for oil-producing countries. The organization now forecasts a global…

March 13, 2020

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