Nigeria Regains Top Crude Oil Production Spot In Africa – OPEC Market Report

LAGOS DECEMBER 14TH (NEWSRANGERS)-Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per day in November. The Organisation of the Petroleum Exporting Countries (OPEC) made this known in its Oil Market Report for December which was obtained by the News Agency…

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2021: Nigeria Grow At Slower Pace As Morocco, Kenya, Ghana Leads As Fastest Growing Economies In Africa

LAGOS AUGUST 10TH (NEWSRANGERS)-Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021 driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices and a rise in oil prices. Leading data and analytics…

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Why Africa Continues To Retrogress Economically –Peter Obi

LAGOS MAY 29TH (NEWSRANGERS)-The Vice Presidential Candidate of the Peoples Democratic Party (PDP) in the 2019 elections, Mr Peter Obi, has given, among others, low volume of export trade in African region, general lack of policies implementation, excessive urge to consume rather than produce, corruption and leadership failure, as the reasons for continued retrogression and…

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Buhari Departs For France On Sunday

LAGOS MAY 16TH (NEWSRANGERS)President Muhammadu Buhari is billed to depart Nigeria on Sunday to Paris, France, on a four-day official visit to attend African Finance Summit. In a statement by presidential spokesperson, Garba Shehu, the summit will focus on reviewing African economy, following shocks from COVID-19 pandemic, and getting relief, especially from increased debt burden…

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