OPEC slashes Nigeria’s oil output 20.7% to 1.38 mb/d
By Cynthia Ezekwe THE Organisation of Petroleum Exporting Countries and its allies (OPEC+) has slashed Nigeria’s oil
Nigeria to earn $50bn from oil projects in five years, says NCDMB
By Cynthia Ezekwe The Nigerian Content Development and Monitoring Board (NCDMB) said that Nigeria is expected to generate over $50
Nigeria retains Africa’s top oil producer spot in March
By Onome Amuge Despite recording lower crude oil production in March 2023, Nigeria retained its position as the largest oil producer
NUPRC highlights benefits of optimal oil, gas production for revenue generation
By Innocent Obasi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has emphasized the need for accurate crude oil and
Oil climbs as traders grow optimistic over China’s demand recovery
By Onome Amuge Oil prices firmed in morning trading on Thursday after gaining about three per cent the previous day as traders
Oil rebounds following 9% New Year drop
By Onome Amuge Crude oil futures gained on Thursday as markets gradually stabilised following days of consecutive declines that
Oil futures slips over global economy concerns
By Onome Amuge Oil prices plunged into bearish territory following the International Monetary Fund’s (IMF) report that a third of the
Oil rises on China’s demand optimism,U.S winter storms
By Innocent Obasi & Onome Amuge Numbers on the oil price chart jumped to their highest in three weeks and signalled the return to
Nigeria’s oil, gas earnings rise 60.42% to N18.18trn, CBN confirms
By Innocent Obasi Nigeria crude oil and gas export earnings have increased by $40.86 billion (about N18.18 trillion) in the first
Non-oil exporters repatriate $4,987bn into Nigeria in 3 quarters, says CBN
By Cynthia Ezekwe … pays N81bn to Nigerian exporters The RT200 scheme initiated by the Central Bank of Nigeria (CBN) to