Despite remaining Africa’s largest producer of crude oil, Nigeria only reaps a meagre 5 per cent of the total revenue ...

The Organisation of Petroleum Export Countries (OPEC) has disclosed that Nigeria surpassed its December quota, with oil ...

The Nigerian Navy personnel of Operation Delta Sanity II, on January 6, 2025, discovered an illegal refining site around the ...

More crude on the way! Seplat energy has announced plans to more than double its crude oil production from 50000bpd to ...

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.

The federal government is looking forward to earning more revenue, and the year has started positively as the prices of three ...

Nigeria's crude oil production has surpassed 1.5 million barrels per day (mbpd) for the first time in four years, surpassing ...

Nigeria is ramping up its battle against oil theft in the Niger Delta, aiming to boost national production to 3 million ...

Nigeria’s statistical agency agency on Thursday said it will add illegal and hidden economic activities while calculating the GDP of an African powerhouse where corruption and black marketeering are ...

Nigeria’s President Bola Tinubu has introduced far-reaching economic reforms. They are unlikely to improve the living ...

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due ...