Tag: oil
FG To Amend 2020 Budget Oil Benchmark To $20pb
ReporterMay 06, 2020
The Federal Government will review the 2020 budget to reflect an oil benchmark of $20 per barrel. Minister of Finance, Budget and National Planning Minister, Zainab...
Budget: FG slashes oil benchmark to $30 per barrel
ReporterMar 25, 2020
The Federal Government has proposed the reduction of oil benchmark, upon which the 2020 budget was predicated, from $57 to $30 per barrel. This decision was reached...
Oil dips as markets await Iran response to US killing of military commander
ReporterJan 07, 2020
Oil prices edged lower on Tuesday (Jan 7), coming off their highest levels in months as the market calmed while the world braces for Iran’s response to the killing...
Crude oil, gas exports increase by 53% –NNPC
ReporterDec 23, 2019
The Nigerian National Petroleum Corporation has announced that crude oil and gas export sales increased by 52.84 per cent to $355.93m in September 2019. NNPC’s crude...