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

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

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

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

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

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

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

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

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

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

The Nigerian National Petroleum Company Limited (NNPCL) has clarified reports about the alleged termination of its crude oil ...

Host Community Development Trusts have given local communities a direct stake in oil operations. However, challenges remain, ...