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Opinion

Middle East war could fetch Nigeria ₦30trn oil windfall — NESG

The Nigerian Economic Summit Group has projected that Nigeria could earn as much as N30 trillion in additional oil revenue if global crude prices remain elevated due to escalating geopolitical tensions in the Middle East. In a policy brief titled “Boom, Not Gloom,” the private sector policy advocacy group noted that the recent conflict involving […]

Oil and Gas

Oil prices surge as Trump urges Tehran evacuation

Crude oil prices climbed over 2% on Tuesday following a call by former President Donald Trump for the evacuation of Tehran, as Israel and Iran exchanged strikes for a fifth consecutive day. United States crude for July delivery had gained $1.58, or 2.2%, to reach $73.35 per barrel, while Brent crude for August rose $1.82, […]