Abuja, Nigeria —
Nigeria is facing a record reduction in oil production, oil cartel OPEC reports, dropping from the first largest producer in Africa to...
The Organisation of Petroleum Exporting Countries on Wednesday raised Nigeria’s crude oil production quota for September 2022 to 1.83 million barrels per day, as...
LAGOS – Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has called on oil-producing countries in Africa to scale up...
The currency has fallen 20% on the parallel market since January driving inflation and challenging government strategy
2nd August 2022
Prepared for Free Article on...
The Federal Government has announced it has recovered 230,000 barrels of stolen crude oil since April 1, and arrested 85 suspects and 72 boats.
This...
Huge losses have forced Nigerian multinational oil company, Oando Plc, on the verge of voluntary delisting on the Nigerian Exchange Group (NGX).The company has...
— as production slumps by 11.63 million barrels
Revenues accruable to Nigeria from the sale of crude oil crashed by about N500.6bn between January and...
The House of Representatives has moved to investigate the petroleum products subsidy from 2017 to 2021 under the regime led by President Muhammadu Buhari.
The...
Group Managing Director of Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari, on Tuesday told lawmakers that the only way to tackle the rising...
