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  • Agencies

    Can OPEC+ Still Justify Its Deep Output Cuts?

    Joshua Olorunsaiye / July 15, 2020

    OPEC+ compliance rose sharply in June, helping to tighten up the market. The improved compliance also boosted confidence and cohesion in the group’s collective effort ahead of a possible loosening of the supply…

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  • Articles

    Why Oil Price Crashed Below $0 Per Barrel

    Abdulazeez Kuranga / April 21, 2020

    First of all, there are Different Brands of Crude Oil To start, it is worthy to note that there are different variants of crude oil in the international market with the Brent serving…

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  • Articles

    Turning the COVID-19 Tragedy into an Opportunity for a New Nigeria

    Joshua Olorunsaiye / April 16, 2020

    By Godwin Emefiele, Governor of the Central Bank of Nigeria. As many people are now aware, the outbreak of the novel coronavirus disease in China has rapidly permeated and profoundly changed the world.…

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  • Analytics

    Empirical Relationship between the Price of Crude Oil and Nigeria’s Real GDP Growth Rate

    Abdulazeez Kuranga / March 14, 2020

    Have you wondered by how much Nigeria will grow if oil price remains at this current rate? What is the impact of oil price of between $30 and $40 per barrel on real…

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  • Articles

    Nigeria’s Export Trade is Still Largely Driven by Crude Oil

    Abdulazeez Kuranga / December 16, 2019

    The aim of this research work is to identify the key drivers of growth in the export category as well as examine the compositions of Nigeria’s imports while explaining the country’s misplaced priority…

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  • Articles

    With Saudi Aramco, Oil is not Dead Yet

    Abdulazeez Kuranga / December 13, 2019

    On Wednesday 11 of December, the World’s largest integrated oil and gas company (and fourth largest integrated refiner in the world) officially listed on the Saudi Stock Exchange after its IPO by selling…

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  • Analytics,  Articles

    Nigeria Exports N557.66bln Worth of Agricultural Produce in Two Years as it Earns N31.65 trillion from Crude Oil Export During the Same Period

    Abdulazeez Kuranga / October 12, 2019

    In this article, we will be particularly concerned about the total value of Nigeria’s agricultural export from Q2 2017 to Q2 2019 (Since Nigeria emerged from the 2016 economic recession in Q2 2017),…

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