How the oil price plunge affects African companies | DW News

submitted by Oando PLC Videos on 05/12/20 1

COVID-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. Subscribe: www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 For more news go to: www.dw.com/en/ Follow DW on social media: ►Facebook: www.facebook.com/deutschewellenews/ ►Twitter: twitter.com/dwnews ►Instagram: www.instagram.com/dw_stories/ Für Videos in deutscher Sprache besuchen Sie: www.youtube.com/channel/deutschewelle #Coronavirus #Nigeria #CrudeOil

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