The ongoing plan by the Federal Government to increase crude oil production to 2.062 million barrels per day could potentially lead to a confrontation with the Organisation of Petroleum Exporting ...

The National Bureau of Statistics (NBS) has revealed that Nigeria recorded a favourable trade with the rest of the world as ...

President Donald Trump's planned increase in US oil production could severely affect Nigeria's crude oil export as the US ...

A January 9, 2025 report by Statista Research Department, a global statistical firm, showed that the average price of crude ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...

According to experts, the Dangote refinery might end the decades-long gasoline trade from Europe to Africa, valued at $17 ...

The Nigeria National Petroleum Company Limited said it uncovered 55 illegal refineries and 29 illegal pipeline connections in ...

Rising global crude oil prices may soon impact the local pump price of petrol in Nigeria, offsetting the recent price ...

By Mogaji Wole Arisekola If you know Engineer Olugbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory ...

Africa’s biggest crude producer Nigeria has emerged from a years-long output slump due to improved security, creating a ...

Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria ...

The N1.35 billion fine imposed on nine banks by the Central Bank of Nigeria (CBN) over cash scarcity at their automated ...