Nigeria’s foreign exchange reserves have depleted by $1.38billion since this year, reaching $39.497billion as at February ...

The Nigerian naira has faced slight depreciation against the US dollar due to increasing pressure on the foreign exchange ...

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

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

Nigeria’s cost of crude oil production has surged to approximately $40 per barrel, according to a report by NUPRC.

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

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 ...

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

For many decades, the petroleum industry, Nigeria’s cash cow, was in the doldrums due largely to administrative and ...

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