•Oil rig There were fresh fears over the execution of Nigeria’s N54.99 trillion 2025 budget, yesterday, as the Organisation of Petroleum Exporting Countries, OPEC, put Nigeria’s crude oil output, excluding condensate, at 1.547 million barrels per day, bpd in June 2025. This showed a marginal increase of 1.24 per cent from 1.528 million bpd rec...
There were increased concerns over the implementation of Nigeria’s 2025 budget, weekend, as oil price dropped further to $59 per barrel from more than $70 per barrel, the lowest this year. This is about 15.7 percent lower than this year’s peak price of over $70 per barrel, reports Vanguard. Funding of the budget was benchmarked […]

