Nigeria, Africa’s biggest oil producer, has set a target of boosting daily production by 2.7 million barrels of crude and condensate ...

Putting the total crude oil produced in Nigeria in 2024, which is 408,680,457 million barrels, and the average price of the product, this amounts to N50.88 trillion or $32.91 billion, at the rate ...

President Donald Trump’s imposition of tariffs on Mexico, Canada, and China threatens to disrupt the global trading system.

A report has warned of a possible negative impact of unstable global oil prices and its implications for the federal ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

Nigeria needs improved security, improved investment, and a proper regulatory framework to achieve its target of producing 2.06 million barrels ...

has asserted that Nigeria is poised to significantly enhance its oil production capacity, increasing from 900,000 barrels to over 1.5 million barrels per day. This positive outlook is largely ...

With condensate, total oil production for 2024 was 566.79 million barrels. Recall that Nigeria had planned to ... of the market in relation to the projected budget benchmark price of $77.96 ...

Nigeria is looking to harness advanced technology to boost oil revenue and address its significant budget deficit, Wale Edun, ...

As the world is transitioning from high carbon energy sources to “cleaner, greener” energy sources, it is important that ...

The rise in total crude oil revenue in the said period was heavily impacted by the depreciation, as the Naira closed the year at around N1,545 per dollar, up from the projected N750 benchmark in ...