Oil below $70: Why cheap crude is not yet good news

    Oluyemi Adeosun | Insights | Jun 29, 2026    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
5930
times

A global energy-market shock has turned from shortage panic to surplus fear. For Nigeria and other oil-linked economies, the right response is not celebration but preparation.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Economy
Pruning the lenders at the edge of Nigeria's economy
What the CBN's withdrawal of 46 microfinance bank licences says about financial inclusion, depositor trust and the next phase of Nigerian financial-sector reform
Oluyemi Adeosun | Jul 03, 2026
Economy
Why welfare policy must move from ceremonies to capability
Mass weddings are easy to love. They produce photographs, prayers, applause and the comforting impression that government has touched the poor.
Oluyemi Adeosun | Jul 01, 2026
Economy
Nigeria's greatest economic policy failure may be electricity – The one problem holding back every other sector of the economy
Every nation has one decision that quietly determines whether its economy rises or merely survives. For some, it was the decision to industrialise. For others, it was to educate their people, open their markets or build strong institutions.
Emmanuel C. Macaulay | Jun 30, 2026
Markets
Dividend paid vs dividend yield: The crucial difference
In the Nigerian investment space, many retail investors still fall into a common trap: celebrating a company's absolute dividend while ignoring the more important metric — the dividend yield.
Kalu A. Aja | Jun 30, 2026
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad