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

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

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 ...

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

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

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

Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian Upstream Petroleum ...

Nigerian non-oil exports surged 20.77% in 2024, reaching $5.456 billion, driven by increased production and government ...

NEPC has announced a significant increase in the country’s non-oil export earnings for 2024, reaching a total of $5.456 ...

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

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

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