by Mondiu Jaiyesimi and Victor Ajayi A clear lesson will have been learnt here for businesses and economies heavily reliant on revenues from one of the most volatile commodity prices in the world. Most especially for countries like Nigeria and Venezuela who still treat the prospects of economic diversification with no element of urgency. Price... Read More

by Mondiu Jaiyesimi and Victor Ajayi Oil-producing countries like Nigeria, Venezuela and Russia will bear the brunt of the collapsing prices as they are already facing difficult challenges in sustaining their economies due to a major revenue shortage. The volatility of crude oil price is making the news again, this time, with a more severe... Read More