Category: oil

FG cuts oil output by 400,000 bpd

By Udeme Akpan There are indications that Nigeria may amend its N8.9 billion 2019 budget, following the recent oil output cut by about 400,000 barrels…

Oil output drops as price stagnates

By Udeme Akpan There are indications that threat to Nigeria’s N8.83 trillion 2019 budget is increasing from the oil revenue estimates  as current reports show…

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