Oxford Economics News

Oil prices and Nigeria: The north-south divide. Credit: AFP

Oil prices and Nigeria: The north-south divide

Low oil prices are not good for the Nigerian economy.

Oil rig

Cheap Oil and Africa: The Winners, Losers, and In-Betweeners

When OPEC signaled that it would not put the brakes on oil production in late November, crude’s price plunged. The drop has caused particular hardship in some African countries while proving to be a boon in others.