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“Each dollar slump in Oil price cost Nigeria N20 Billion daily. The Nigerian economy is swinging down with the oil market performance after OPEC+ failed supply cut discussion.

Nigeria records N2.23 trillion positive trade balance as imports grow 28.8%. The Nigerian economy has recorded a favourable trade balance of N2.232 trillion in 2019, data provided by the National Bureau of Statistics has shown.

Access Bank earnings pick as lender builds Pan-African footprint

OPEC+ failure to cut supply put Nigeria’s economy in danger. The Nigeria’s economy would bleed as the Organisation of the Petroleum Exporting Countries failed to agree on supply cut due to Russia terms.