logo

Videos

Nigeria cuts oil producing cost

PUBLISHED: Fri, 18 Aug 2017 12:43:37 GMT

The Nigerian National Petroleum Corporation says that it has reduced the cost of crude oil production from 78 dollars per barrel in 2015 to 23 dollars. Adim Okwesa, Analyst, Financial Derivatives Company joins CNBC Africa for more.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.