The PUNCH reports that Nigeria’s crude oil revenue rose to about N50.88tn in 2024 as data obtained from the NUPRC confirmed that Nigeria produced a total of 408,680,457 barrels of crude oil in 2024.
The Dangote refinery in Nigeria, Africa's largest, is nearing full operational capacity, which is expected to transform the ...
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.
Nigeria's Dangote Oil refinery, Africa's largest, could begin operating at full capacity in 30 days, the head of the refinery ...
happy in his grave that President Bola Tinubu has approved the establishment of a University of Environment and Technology in ...
The Nigerian Navy said that the ongoing Operation DELTA SANITY II has recorded great successes against crude oil theft as they arrested several oil thieves and recovered numerous exhibits.
Nigeria holds a formidable 37.5 billion barrels of crude oil reserves and an impressive 200 trillion cubic feet of natural gas, alongside vast, untapped renewable energy potential.
The African Energy Chamber (AEC) ( ), as the voice of Africa's energy sector, is proud to participate in the 2025 Nigeria Internation ...
Oando Plc saw its stock surge by an impressive 529% in 2024, rising from N10.50 to N66, making it the second best-performing stock of the year. This followed a 163% increase in 2023. Several factors ...
Over the years, a major wisdom in Nigeria is that agriculture is the mainstay of the economy, its real foundation ...
“The Urhobo ethnic nationality has the highest reserve of gas and crude oil in Nigeria but has nothing to show for it,” Ominimini said in the statement issued at the Murtala Muhammed ...
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