#Nigeria

oil price

Why OPEC+ members find it hard to agree on oil production quotas

Oil production tends to vary month by month, making it difficult to fix on a permanent production target

Abu Dhabi Fund _photo courtesy WAM Wam

How Abu Dhabi Fund’s first development project in Nigeria will serve the community

The project is expected to stimulate commercial activities and improve transport links between the main cities in the country

Nigeria

Nigeria, Binance in talks for digital city to develop blockchain

Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil

Nigeria

Nigeria startup to expand electric vehicle use in African push

Metro Africa Xpress raised $31m last year to develop an EV market on the continent

OPEC secretary general, Mohammad Barkindo, passes away

He assumed the position of secretary general in August 2016

Dubai’s Emirates to restart services to four destinations

The carrier will also ramp up passenger services to Nigeria, Mauritius and Singapore

Emirates Bali

Dubai’s Emirates to restart flights to Nigeria

The airline will operate daily flights to and from Abuja and Lagos

OPEC output boost severely limited as African members struggle

The Organization of Petroleum Exporting Countries added just 90,000 barrels a day in December

UAE suspends all flights from Congo, announces new travel rules for four other African countries

Travellers who were in Congo up to 14 days before coming to the UAE will also not be permitted to enter the country

Dubai’s Emirates to suspend all Nigeria flights from December 13

The last flights to operate on December 12 include EK 783/784 to/from Lagos and EK 785/786 to/from Abuja

Dubai’s Emirates resumes flights to Nigeria

The airline said Nigerian cities Abuja and Lagos will be served with daily flights from December 5

OPEC made only half of planned supply hike amid African losses

The combination of a recovery in fuel consumption after the pandemic and constrained supply has led to a global energy crunch

Dubai’s Emirates suspends Nigeria flights until September 30

Customers who have been to or connected through Nigeria in the last 14 days will not be permitted on any Emirates flights bound for Dubai

Flights to and from Nigeria suspended until August 15 – Emirates

Customers who have been to or connected through Nigeria in the last 14 days will not be permitted on any Emirates flights bound for Dubai

UAE permits entry of select travellers from India, Pakistan, Sri Lanka, three other countries

Passengers from all countries will also be allowed to transit through the UAE, provided that they furnish a PCR test taken not more than 72 hours prior to departure

Emirates

Dubai’s Emirates extends suspension of flights to South Africa and Nigeria

Regular services between Dubai and South Africa and Nigeria will remain suspended until August 7, 2021

Emirates suspends flights between Dubai and Nigeria

The carrier also confirmed that flights from South Africa will remain suspended until July 6, 2021

Dubai airport

Dubai eases travel guidelines for passengers from India, South Africa and Nigeria

UAE residents who have received two doses of a Covid-19 vaccine, are allowed to travel to Dubai

Emirates Dubai Nigeria

Emirates indefinitely suspends all flights between Dubai and Nigeria

Customers who have been to or connected through Nigeria in the last 14 days are not permitted to board from any other point to the UAE

Emirates Dubai

Emirates suspends flights between Dubai and Nigeria, South Africa

Those who have been to or connected through Nigeria in the last 14 days are not allowed entry into the UAE, including connecting to onwards flights through Dubai

Emirates

Emirates suspends flights from Nigeria to Dubai until February 28

However, Emirates flights from Dubai to Lagos and Abuja will continue to operate as per the normal schedule

World hunger problem means some nations risk famine, UN says

Food insecurity is rising globally

Oil slides from five-month high on cloudy demand outlook

OPEC+ also warned at a meeting on Wednesday that the pace of the demand rebound was slower than expected

Saudis keep pressure on OPEC cheats before ministerial talks

Riyadh’s struggle to enforce compliance has been a long-running issue

OPEC readies next move in bid to avoid oil-market taper tantrum

While oil prices have recovered to $43 a barrel in London, from a two-decade low of $15.98 in late April, sentiment in the market remains fragile

Oil retreats toward $38 on signs US crude stockpiles expanded

Futures dropped 1.9 per cent in New York, erasing almost all of the gains from the previous session

Top 10 Countries With The World’s Biggest Oil Reserves

South American nation Venezuela tops the list, followed closely by Saudi Arabia.