Nigeria’s oil production shrunk to 1.23 million barrels per day in March with authorities blaming pipeline problems and maintenance issues. OPEC said Nigeria produced 1.32 million barrels in February and 1.42 million in January. Oil theft and pipeline vandalism have dealt severe blows on Nigeria’s oil production, limiting the country’s output and making it fall […]
State fund CDG said that the losses due to coronavirus could amount to $5.4 billion (54 billion dirhams) with Morocco expecting a recession in 2020. The study was based on the hypothesis of a four-month-long crisis and a gradual resumption of activity by July 2020. It expects agricultural production to contract by 6% with only […]
A two-State solution where Israel and Palestine live side-by-side as sovereign nations is still “the only option” for lasting peace, and “containing the situation is not sufficient,” United Nations Secretary-General António Guterres said on Wednesday. In remarks at the observance of the International Day of Solidarity with the Palestinian People, in New York, the UN […]
