Kachikwu said that, “I think anybody who wants to survive in this climate today would need to put on the thinking cap. It is not business as usual, but people are going to survive. The nice thing about adversity is that you get to make huge successes also.”
The drop in the oil price to around $30 a barrel, from over $100 in 2014, has prompted the worst economic crisis in years in Africa’s biggest crude producer which relies on oil exports for about 95 percent of foreign earnings.
12 March 2014, Abuja – Dr Uche Uwaleke, an associate Professor of Finance, Nassarawa State University, said the reduction of…
17 February 2015, Lagos – Major Oil Marketers Association of Nigeria, MOMAN, has called on Nigerians not to panic, as the…
10 January 2015, Lagos – The recent sharp decline in oil prices will provide “some boost” to global growth and should…
20 January 2015, Lagos – A Professor of Political Science and International Relations at the University of Ilorin, Hassan Saliu, has…
19 January 2015, Lagos – Nigeria bondholders are missing out on the global rally in fixed income as the economy reels…
29 December 2014, Dar es Salaam – International oil companies engaged in exploration of oil and natural gas in Tanzania are…
*Analysts say banks may lose capital base *Price slump may wreck financial sector Ike Amos 23 December 2014, Sweetcrude, Lagos…
16 December 2014, Abuja – Following the recent decline in the price of crude oil, President Goodluck Jonathan Tuesday said it…
