Nigeria’s crude oil production recorded a modest recovery of 69,000 barrels per day in March 2026, even though output remained below the 1.5 million barrels per...
Nigeria has fallen short on her daily crude production as allocated by the Organisation of the Petroleum Exporting Countries (OPEC) for the eight month at a...
The Organisation of Petroleum Exporting Countries (OPEC) crude oil production plunged by the most in at least four decades in March as conflict in the Middle...
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) have once again adjusted crude oil output among key producers, excluding Nigeria from the latest production...
The United States reduced its purchase of Nigerian crude oil sharply in January 2026, with imports dropping by about 47.16 per cent month-on-month, according to the...
The International Monetary Fund (IMF) has opined that there would be significant recovery in Nigeria’s Balance of Payment (BoP) following the ongoing surge in crude oil...
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed...
British prosecutors on Tuesday accused Nigeria’s former oil minister and the first woman to lead OPEC, Diezani Alison-Madueke, of maintaining a lavish lifestyle with bribes linked...
The International Energy Agency (IEA) has said that Nigeria currently has a sustainable crude oil production capacity of 1.42 million barrels per day and zero spare...
The Organisation of Petroleum Exporting Countries (OPEC), on Friday, said Africa could add 1.2 million barrels per day to her refining capacity by 2030, which...
