Oil prices remained steady on Monday despite OPEC+ announcing a larger-than-expected production hike for August, stoking fears of an impending
Global oil firms like ExxonMobil, Chevron, TotalEnergies, and Eni have commenced active competition following Libya’s revived oil bid round, according
OPEC+ has announced a larger-than-expected oil production increase for August 2025, further raising its output by 548,000 barrels per day
Oil prices declined on Thursday as investors weighed the impact of a possible OPEC+ production increase, renewed nuclear diplomacy between
On July 3, 2025, MRS Oil Nigeria PLC announced significant changes to its board, appointing Mr. Aliyu Abubakar Kalgo as
Oil prices edged higher for a second consecutive day on Tuesday, with Brent crude trading above $67 per barrel and
In a bold call to action, Segun Ajayi-Kadiri, Director General of the Manufacturers Association of Nigeria (MAN), has urged the
According to data from the Nigerian Bureau of Statistics (NBS), the average retail price of Diesel paid by consumers increased
Oil prices stabilized near their lowest levels since early June 2025, with Brent crude trading below $67 per barrel and
The Nigerian National Petroleum Company Limited (NNPC Ltd) posted a strong financial performance in May 2025, with profit after tax
Nigeria’s average retail price for Premium Motor Spirit (PMS) decreased to ₦1,027.76 in May 2025—a 17.07% decrease from ₦1,239.33 in
Dangote Refinery’s free nationwide distribution of refined petroleum products promises to save Nigerians N1.7 trillion annually. This was disclosed in
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