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Nigeria
World Bank Ups Its 2017 Oil Price Forecast To $55
The World Bank has just upped its oil price forecast for 2017, saying it now expects average prices to be US$55 a barrel over the next year. That’s US$2 more than its earlier forecast, which is a reflection that at…
Nigerian Environment Minister in Morocco to Visit NOOR Solar Project and Discuss Morocco-Nigeria Cooperation Ahead of COP22
Salaheddine Mezouar, Minister of Foreign Affairs and COP22 President held a meeting with Minister Mohammed on August 23, during which he reiterated the importance of the two countries on the African continent and expressed “the will of Morocco to work…
Blame Oil: Nigeria Slumps into Recession, Norway Stalls
Nigeria slumped into recession and Norway’s economic growth slowed to a standstill in the second quarter. Both countries rely on oil for a big chunk of their exports and have been hit hard by the collapse in prices. Oil has…