BUSINESS

Nigeria’s Crude Oil Production Declines as OPEC’s Output Drops in September – Reuters Report

As Nigeria keep struggling to meet its OPEC’s quota crude oil production fell by 40,000 barrels per day in the month of September. This is contained in a report by American media outlet, Reuters, on Thursday based on a survey…

French Oil Giant to Invest $6bn In Nigeria’s Energy Industry

clanreporter The French energy giant TotalEnergies is ready to invest $6 billion (around €5.5 billion) over several years in Nigeria’s energy industry, particularly in gas and offshore projects, the Nigerian presidency has said. “We are ready to invest $6 billion…

IMF: “Inflation is still with us,” Pierre-Olivier

The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund’s chief economist told AFP on Tuesday. Prices around the world have surged since the rapid reopening of the global economy after the Covid-19 pandemic. Inflation…