Tag: OPEC

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Dayo Taiwo-SidiqApril 20, 2020

The YNaija Cover – 20th April 2020

  Check out our top stories today:   The NCDC dropped the ball yesterday, should we all be worried? Bad ...

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EditorNovember 14, 2018

Nigeria is lagging behind on all fronts | Here’s what the 2018 Africa Energy Review has to say

by Mondiu Jaiyesimi and Jibril Ojolowo Background This report is a snapshot of Africa’s current energy industry using data from ...

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Dayo Taiwo-SidiqMay 13, 2018

The Late 5: Fayose thanks APC for favour done him, Mohamed Salah crowned Premier League Player of the Year and other stories

Here are the stories that drove the conversation today: Ekiti State Governor, Ayo Fayose on Sunday told his predecessor and ...

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AzeezSeptember 23, 2017

OPEC extends Nigeria’s exemption from oil production cuts

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to allow Nigeria supply crude oil to the global market, in continuation ...

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Op-ed EditorJuly 31, 2017

Opinion: Is Nigeria ready for the end of fossil fuel?

by Rufai Oseni Over 150 years ago, a French engineer Gustav Eiffel set out to do the impossible to build ...

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Op-ed EditorDecember 4, 2016

Simon Kolawole: Build, operate and transfer Nigeria

by Simon Kolawole Dearly beloved Nigerians, I have a number of proposals today that may interest you. Or upset you. ...

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ToluDecember 3, 2016

N44m dowry, 22 year reign | The 5 numbers that mattered this week

N522 billion – President Muhammadu Buhari announced that this amount has been disbursed to state governments to pay up salaries ...

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Oludolapo AdelanaDecember 1, 2016

BREAKING: Oil price rises after OPEC cut

Oil prices held above the $50 barrier on Thursday following OPEC’s decision to carry out its first output cut in ...

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AzeezNovember 30, 2016

OPEC agrees to take 1.2 million barrels oil cut per day

The Organisation of the Petroleum Exporting Countries (OPEC) has agreed to cut oil production starting from 2017. The resolution to ...

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Op-ed EditorOctober 7, 2016

Godwin Okpene: New strategy needed for the PIB

By Godwin Okpene By December this year, the Petroleum Industry Bill (PIB) would have clocked sixteen years and eight months ...

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Isime EseneAugust 27, 2016

Now that the NDA has agreed to a ceasefire:  4 things we expect to see

Tolu Omoyeni The Niger-Delta Avengers (NDA) announced two days ago that they will cease to attack the oil-producing region in ...

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Mazi EmekaAugust 17, 2016

Kachikwu reveals FG’s plan to increase oil production

The most recent episode of CNN’s Quest Means Business with Richard Quest brought us an interview with Ibe Kachikwu, Minister ...

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Adebayo EmuleomoJuly 9, 2016

Former president of OPEC, Ali-Monguno dies in Borno

A former minister of Mines, Power and Petroleum, Shettima Ali-Monguno has been declared dead. The demise of the elder statesman ...

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Mallam YeroJune 2, 2016

Nigerian, Mohammed Barkindo appointed Secretary-General of OPEC

A former managing director of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo, has been appointed the secretary-general of the ...

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YWriterMay 26, 2016

Niger Delta militants are literally changing the world, as oil price hits $50

by Chi Ibe This morning, oil prices hit a 2016 high of $50 a barrel mark, following the disruptions in ...

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Mazi EmekaFebruary 29, 2016

‘Price of crude oil to rise to $50 per barrel’ – Ibe Kachikwu

Despite the falling price of crude in the international market and the disagreement among the members of the Organisation of ...

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Kolapo OlapojuDecember 2, 2015

Kachikwu takes over from Diezani as OPEC President

Minister of state for Petroleum, Ibe Kachikwu, has replaced Diezani Alison-Madueke as the conference president of the Organisation of Petroleum ...

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Isime EseneJanuary 10, 2015

Analysis: The effect of sliding oil prices on Nigeria & the world economy (Part 2)

by Mondiu Jaiyesimi and Victor Ajayi A clear lesson will have been learnt here for businesses and economies heavily reliant ...

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Isime EseneJanuary 10, 2015

Analysis: The effect of sliding oil prices on Nigeria & the world economy (Part 1)

by Mondiu Jaiyesimi and Victor Ajayi Oil-producing countries like Nigeria, Venezuela and Russia will bear the brunt of the collapsing ...

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YEditorNovember 27, 2014

Oil price falls further as OPEC decides against reducing global supply

by Tunji Andrews The Organisation of Petroleum Exporting Countries, OPEC, has decided against reducing the global supply of crude oil, ...

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Kolapo OlapojuOctober 17, 2014

Nigerian on the edge as Brent crude prices crash to 2-year low

by Tunji Andrews Tuesday saw oil prices crash, posting it’s biggest one-day drop in two years on signs that the ...

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June 15, 2014

Sonala Olumhense: Nigeria – How do we speak with one voice?

by Sonala Olumhense Mrs. Oduah?  Her legacy is not of service but of corruption and scandal, including status-forgery, for she ...

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June 12, 2014

#InCaseYouMissedIt: Diezani loses bid to become OPEC Secretary General

by Oge Okonkwo Hopes were dashed on Wednesday for Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke, who was nominated by President ...

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June 10, 2014

PDP lawmakers ‘suspend’ Edo Speaker, Jonathan nominates Alison-Madueke for OPEC top job & other important news you should know today

by Oge Okonkwo PDP lawmakers suspend Edo Speaker Nine lawmakers including suspended Deputy Speaker, Festus Ebea this morning suspended Speaker ...

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November 20, 2013

Peregrino Brimah: Diezani Alison-Madueke is prepared to sell Nigeria’s refineries… again

by Peregrino Brimah  So they refurbish “their” thing, with trillions of “their” money, and then sell them to themselves, via their coterie ...

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August 1, 2013

Opinion: Gov. Dakwambo and the burdern of leadership

by Junaidu Usman Abubakar  I make bold to say that, so far, the Governor has not been wasting the resources ...

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July 14, 2013

Simon Kolawole: We’d soon start drinking our oil

by Simon Kolawole I am not interested in who is the chairman of governors’ forum or Speaker of Rivers House ...

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OluwapelumiOctober 1, 2011

Ode to Nigeria: ‘A nation not beyond redemption’

by Kola Dairo Jnr I am Nigeria, the heart of Africa – at least by virtue of my geography; a ...

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OluwapelumiOctober 1, 2011

Ode to Nigeria: 'A nation not beyond redemption'

by Kola Dairo Jnr I am Nigeria, the heart of Africa – at least by virtue of my geography; a ...

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