Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

The National Bureau of Statistics has revealed that the federal government of Nigeria made over N55 trillion from crude oil ...

Nigeria’s total trade exports surged to $50.4 billion in 2024, driven by exchange rate depreciation and the elimination of fuel ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

Shell Petroleum Development Company (SPDC) has completed its $2.4 billion asset sale to the Renaissance Group, exiting ...

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

Ethnic groups threaten Nigeria’s oil facilities amid the Rivers State feud between Governor Sim Fubara and his predecessor ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

A petroleum marketer has explained the real reason Nigeria's premium motor spirit price has been reducing in the past months.

THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...

Nigeria’s foreign trade value in the full year 2024 reached N138.03 trillion, a substantial increase of 106.56% compared to N66.83 ...

A controversial naira-for-crude arrangement between the Nigerian government and refiners, including the giant Dangote ...