The Business NG - September 11, 2024Add to Favorites

The Business NG - September 11, 2024Add to Favorites

Keine Grenzen mehr mit Magzter GOLD

Lesen Sie The Business NG zusammen mit 9,000+ anderen Zeitschriften und Zeitungen mit nur einem Abonnement   Katalog ansehen

1 Monat $9.99

1 Jahr$99.99

$8/monat

(OR)

Nur abonnieren The Business NG

1 Jahr $49.99

Speichern 51%

Diese Ausgabe kaufen $0.99

Geschenk The Business NG

7-Day No Questions Asked Refund7-Day No Questions
Asked Refund Policy

 ⓘ

Digital Subscription.Instant Access.

Digitales Abonnement
Sofortiger Zugriff

Verified Secure Payment

Verifiziert sicher
Zahlung

In dieser Angelegenheit

Nigeria's Economy Feels the Pinch as Oil Prices Drop to Lowest Level Since 2021

The recent drop in crude oil prices to below $70 per barrel for the first time since December 2021 has raised concerns about the impact on Nigeria's economy and the naira. The global benchmark, Brent crude, fell by 2.8% due to strong supply, demand concerns, and speculative selling. This decline in oil prices is expected to put additional pressure on the naira, which has already weakened to nearly N1,600/$ in recent weeks.
The drop in oil prices also presents a challenge for the federal government, which had set a benchmark crude oil price of $77 per barrel in the 2024 budget. Furthermore, crude oil production in Nigeria has not met the set production benchmark, and the country has been unable to meet OPEC's set quota for crude oil production

The Business NG Newspaper Description:

VerlagTuns Media & Comm Enterprise

KategorieNewspaper

SpracheEnglish

HäufigkeitSemi-Weekly

The BusinessNG, a leading business news publication across Nigeria and WestAfrica With a strong team of 30 staff members and a weekly print circulation of over 10,000 copies, we are poised for growth and report all political relating to business news at all level

  • cancel anytimeJederzeit kündigen [ Keine Verpflichtungen ]
  • digital onlyNur digital
MAGZTER IN DER PRESSE:Alle anzeigen