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Nigeria’s 2019 budget still under threat as oil price hovers at $52.72 - Vanguard News NigeriaTHE execution of Nigeria’s 2019 budget will likely encounter a serious threat as the price of Bonny Light, the nation’s premium oil grade, yesterday, hovered at $52.72 per barrel in the international market.
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Oil price drops to $50 p/b, $10 below 2019 budget budget benchmark - Vanguard News NigeriaTHE price of crude oil, yesterday, dropped to $50.00, showing $10 below Nigeria’s $60 per barrel 2019 budget benchmark in the volatile global market. Only God can help us out in this country.. Now the gbedu is entering . A bleak 2019 for the government already The idea, of benchmarking the Budget against oil prices the Govt has no control over, is a major flaw in budget planning, and too ambitious.
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Oil price hits $60, raises hope for Nigeria’s 2019 budget - Vanguard News NigeriaTHE oil price rebound, yesterday, reached a significant point, selling at $60 per barrel, as the Organisation of Petroleum Exporting Countries, OPEC, continue to withdraw excess oil from the international market.
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Oil price hovers around $60 per barrel - Vanguard News NigeriaUncertainty continues to trail the price of crude oil in the international market as it closed, yesterday, at $60.50, $51.39 per barrel for Brent crude and West Texas Intermediate respectively.
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Otedola moves to acquire Forte Oil upstream, power firm - Vanguard News NigeriaThe majority shareholder of Forte Oil Plc, Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by the shareholders on February 7.
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Benedict Peters : Colossus in murky oil, gas waters - Vanguard News NigeriaOnly a few Nigerian had been able to venture into the Nigerian oil and gas industry, start an exploration and production company from scratch, sustain the business, break even and make profit. One of such Nigerian is Benedict Peters, Founder and Executive Vice Chairman of the Aiteo Group.
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