VIDEO: Oil price drop rocks Nigerian naira

Tougher government terms that will squeeze corporate rewards, not the sharp crude price drop, are the more potent threat to east Africa’s oil boom.

The BBC's Matthew Davies takes a look at the winners and the losers in this low-price environment.

Nigeria's finance minister has called for an audit of the national oil company, after it was accused of failing to account for billions of dollars in oil revenues.

>The Surface and Marine Transport Regulatory Authority (Sumatra) plans to review bus fares in the wake of the sharp drop in fuel prices in recent months.

BBC News
Clove price drop hits Tanzanian farmers
BBC News
Cloves are a vital ingredient in many spicy dishes, and particularly popular in Europe around Christmas time. But the farmers who produce them have seen dramatic price falls recently. Clove farmers in Tanzania are calling for more government help to sustain ...

>The World Bank (WB) analysis on oil prices in Global Economic Prospects says gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth.

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'There is potential this could go even lower.' Oil prices plunge to 17-year lows as demand drop threatens..  Markets InsiderUS crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergSaudi-Russia oil war is a game theory masterstroke  Financial TimesWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News