director of energy consultancy Trifecta.

EMEKA OKOROANYAWU Oil prices dipped on Friday, triggering fears that if the trend continues, Nigeria’s 2019 N8.9 trillion Budget may be under threat. The 2019 budget was predicated on an oil price benchmark of $60 per barrel. Nigeria’s…

Oil hovered slightly below 2019 peaks on Friday, propped up by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on Iran and Venezuela. Concerns that an economic slowdown might soon impact fuel consumption are…