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The IMF, on April 22, lowered Nigeria’s 2025 economic growth forecast from 3.2% to 3.0% due to falling crude oil prices and rising global trade tensions....
Goldman Sachs economists warned on April 17 of a possible naira devaluation due to falling global oil prices, which are affecting the country’s finances. The concern...
The European Central Bank (ECB) cut its benchmark interest rates from 2.50% to 2.25% on April 17. The ECB slashed rates to support a struggling eurozone...
The London Court of Appeal, on April 17, rejected NLNG’s non-liability claim in a high-profile case involving Taleveras. The appellate court ruled in favour of oil...
PricewaterhouseCoopers (PwC) announced its exit from nine African countries on April 16. The exit was based on a strategic review and the streamlining of operations. This...
Nigeria’s oil and gas reserves in 2025 have hit a record high of 37.28 billion barrels and 210.5 trillion cubic feet. This figure compares to the...
