Nigeria oil production costs soar to $40 per barrel, significantly higher than global competitors like Saudi Arabia.

Some analysts in Nigeria’s oil and gas sector have emphasised the need to optimise local content in petroleum operations to ensure sustainable growth of the ...

Recognising this potential, President Bola Tinubu established the Ministry of Marine and Blue Economy in August 2023.

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

The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.

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

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the country’s economy is on the rise ...

The concluding part of the series provides clues on how to transform Nigeria into a non-oil-export-driven economy.

Nigeria to urgently transition from an output-based economic model to an asset-driven one, warning that failure to do so will ...

Eurocham Nigeria has advocated for stronger EU-Nigeria ties, aiming to drive economic transformation and investment.

Finance Minister Wale Edun highlighted Nigeria’s economic reforms, forex stability, and trade growth in talks with First Abu Dhabi Bank.

At the backdrop of the plan by the Federal Government (FG) of Nigeria to grow the country’s economy to a $1 trillion value by ...