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‘Hard times ahead, as oil price dwindle,’ CBN tells Nigerians

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned Nigerians to brace for a longer period of low revenue from oil sources, which would necessitate hard and uncomfortable choices. The committee, in a communique issued at the end of its first meeting for the 2016 fiscal period in Abuja, observed that […]

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oil barrel

Oil price decline: Sack looms in NNPC over IOCs salary slash

About 3, 200 workers in the Nigeria’s oil and gas industry including managers and top officials in the public stratum are presently being faced with sack threats even as the cut in workers emoluments and salaries by the International Oil Companies (IOCs) hits $81,000 a year. Global oil and gas recruitment firm, Hays, which revealed […]

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