The Impact Of the Oil Crash On Nigeria’s Economy

The impact of oil prices crash on Nigeria’s economy -YOMMY AYILARA. This time is the first that the US benchmark West Texas Intermediate (WTI) for May delivery ended trading at -$37.63 on Monday, the 20th of April, 2020. Before the closure of the market, the WTI oil prices were seen to be lowering sharply, notably below $12 which is the first time in 21 years. The sharp drop to negative is something that has never been recorded before in history. Oil-producing countries like Nigeria, have different benchmarks their commodity is…

Read More

NO SURVIVAL AS PLANE CRASHES WITH COVID-19 MEDICAL SUPPLIES

 8 Killed as the plane carrying medical supplies crashes in the Philippines -Yommy Ayilara. In the pandemonium going on all around the world today due to coronavirus, tragedy has taken place in Philippines as a A Tokyo-bound plane crashed while taking off from Ninoy Aquino International Airport in the Philippines capital city of Manila on Sunday, the 29th of March, killing all eight on board. All passengers aboard the Lion Air Flight RPC 5880 died after the plane caught fire as it was taking off from the airport, according to…

Read More