President Bola Ahmed Tinubu has signed an Executive Order directing the immediate remittance of key oil and gas revenues to
Nigeria’s national oil company, NNPLC is carrying crude-backed loan obligations estimated at ₦8.07tn, according to an analysis of the Nigerian
Nigeria’s oil production soared beyond 1.8 million barrels per day (bpd) in July, exceeding its OPEC quota of 1.5 million
Nigeria’s economic reforms have revitalized investor sentiment, signaling a brighter outlook for Africa’s largest crude producer. However, declining oil prices
On Wednesday, NNPC announced securing a $3 billion crude oil backed loan from AFREXIM Bank in Cairo. It is noted
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