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.

Oyo State Governor, Engr Seyi Makinde, has urged policymakers to develop a comprehensive economic policy to address the ...

As global oil dynamics shift under Trump’s policies, Nigeria faces a crucial choice: either double down on crude production ...

The Executive Secretary and Chief Executive Officer of the Nigeria Extractive Industry Transparency Initiative (NEITI), Dr Ogbonnaya Orji, has said ...

The governor added that in spite of Nigeria’s natural resources, its people might remain poor until its leadership put the right things in place.

The Group Chief Executive, Oando Plc, Adewale Tinubu, has highlighted the immense prospects of indigenous energy companies taking over the divested assets by International Oil Companies (IOCs) in ...

At an open-cast mine, Abdullahi Ibrahim Danjija carefully chisels away at a hunk of whitish rock before stuffing a sack with ...

Mr. Solomon Oseagah, an oil and gas expert, has asserted that Nigeria is poised to significantly enhance its oil production ...

These attacks are the latest in a series of aerial bombardments by the Nigerian government as part of a protracted campaign ...

Stakeholders have once again emphasised the importance of leveraging Nigeria’s vast energy resources to transform the power ...

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

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as ...