Nigeria’s economy is facing a severe setback as Brent crude oil prices plummeted to $59.62 per barrel on Wednesday, a… Read More
The Federal Government of Nigeria has reaffirmed its steadfast commitment to the Crude and Refined Product Sales in Naira initiative,… Read More
Oil prices plummeted further for a fifth day on Wednesday to their lowest since February 2021 as demand concerns intensified… Read More
Nigeria, Africa’s largest oil producer, faces a daunting economic challenge as global oil prices plummet. Brent Crude stands at $63.86… Read More
Oando PLC, Nigeria’s leading indigenous energy company, has announced a delay in the publication of its 2024 audited financial statements,… Read More
The OPEC+ coalition has decided to significantly boost oil production, agreeing to increase output by 411,000 barrels per day (bpd)… Read More
President Bola Tinubu appointed Ojulari to replace Mele Kyari in the early hours of Wednesday while also restructuring the NNPCL… Read More
President Bola Tinubu has appointed Bashir Bayo Ojulari as the new Group Managing Director and Chief Executive Officer of the… Read More
The Nigeria House of Representatives Public Accounts Committee (PAC), chaired by Rep. Bamidele Salam, on March 31, 2025, disclosed the… Read More
Nigeria’s oil and gas industry is on edge as the naira-for-crude deal between the Nigerian National Petroleum Company Limited (NNPCL)… Read More