The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.417 million barrels per day in February 2022....
Brent oil futures finished under $100 a barrel on Tuesday, the first time it has closed below that key benchmark level since the second day of...
In a bid to ease huge cash management and deepen financial inclusion, the Central Bank of Nigeria has released guidelines for the operation of the Bank...
The price of crude oil continued its rise on Thursday, increasing to $113.06/barrel at 5.40pm Nigerian time, as the National Petroleum Investment Management Services projected that...
The International Monetary Fund says Nigeria has failed to diversify exports at an “extensive margin.” The IMF said this in its ‘Nigeria: Selected Issues Paper’ report,...
The House of Representatives has called on the Central Bank of Nigeria (CBN) to put in place stringent measures to regulate the Point of Sale (POS)...
The Group Managing Director of Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has said international oil companies (IOCs) that divest from Nigeria’s upstream sector...
The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has issued the petroleum products marketers 24 hours to revert to the official depots’ price of...
Stakeholders in the food sector have decried the rejection of Nigerian foods in international markets. The experts, who were working towards the harmonisation of the Food...
By Joseph Kanjo, Benin Obafemi Awolowo University, OAU, Ile-Ife and five other top Nigerian universities are to benefit from internship of Duport Midstream Company Limited (DMCL),...