The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the 2025 Oil Licensing Round will officially begin on December
Nigeria’s earnings from crude oil sales slumped by N824.66 billion in 2024, falling to N1.08 trillion from N1.90 trillion in
In a recent episode of The Morning Show on Arise News, Dr. Paul Alaje, Chief Economist at FPM Professionals, joined
The Federal Government has indicated that it may sell off its publicly-owned refineries in a move aimed at attracting investors,
Saudi Aramco’s third-quarter net profit fell 2.3% to $26.94 billion, down from $27.56 billion a year earlier, as lower crude
BP posted a profit of $2.2 billion for the third quarter of 2025, holding steady despite a steep decline in
Backbone Infrastructure Ltd (BINL) has secured more than $50 billion in funding commitments for the construction of a 500,000 barrels-per-day
Africa’s wealthiest man, Aliko Dangote, has issued a sell signal to the Nigerian foreign exchange market on dollar holdings. “If
Chairman of Shoreline Group, Mr. Kola Karim, has urged Nigeria to raise its oil production target to five million barrels
Oando Plc has reported a 20% year-on-year decline in revenue to N2.5 trillion for the nine months ended September 30,
Aradel Holdings Plc has announced it recorded a profit after tax of N245.1 billion for the nine months ended September
Steel magnate Lakshmi Mittal’s Indian energy joint venture has reportedly purchased Russian oil transported on sanctioned vessels. This is according
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