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How the oil price plunge affects African companies | DW News
Posted
April 24, 2020
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14,434
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April 24, 2020
14,434
229
32
1.81%
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7:15Now PlayingCOVID-19 has seen oil prices collapse because of a global slump in demand. Oanda is one of Nigeria's biggest local oil and gas companies, producing 43 000 barrel a day. The company is worth over $ 1 billion with a market cap of $ 300 million. COO Alex Irune shares his views with DW on how the COVID-19 pandemic is impacting the Nigerian oil sector.
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