Nigeria’s Oil Revenue Misses Budget Target by N7.88 Trillion
Nigeria’s oil revenue recorded a significant shortfall of N7.88 trillion against budget expectations, underscoring the persistent fragility of Africa’s largest ...
Tag: Crude Oil Production
FAAC Receives Full PSC Revenue as NNPC Enforces Executive Order 9
Nigeria’s Federation Account Allocation Committee (FAAC) is set to receive 100% of revenues generated from Production Sharing Contracts (PSCs) following ...
NNPC Posts N276 Billion Profit in March
The Nigerian National Petroleum Company Limited has reported a profit after tax of N276 billion for March 2026, a significant ...
Nigeria’s Oil Wealth Masks Persistent Structural Gaps, OPEC Data Shows
Nigeria remains one of the Organisation of Petroleum Exporting Countries’ most resource-rich members, but new data from the group’s 2026 ...
Renaissance MD Says Divestment Won’t Hurt Nigeria’s Oil and Gas Sector
The managing director of Renaissance Africa Energy Company Limited, Engr. Tony Attah, has stated that the transition through divestment is ...
Nigeria on Track to Hit Two Million Barrels a Day by 2026
Nigeria could see its crude oil production rebound to more than two million barrels per day by 2026 if it ...
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Nigeria Fixed Income Market Records Strong Activity as Treasury Bills Dominate ₦1.85 Trillion Turnover
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Lagos Secures €170 Million EIB Funding to Transform Water Transportation System
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Nigeria’s reserves have already reached around $50 billion and are approaching the CBN’s projected $51 billion year-end level
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Sterling Bank Pushes Nigeria Toward Value-Added Exports to Reduce Oil Dependence
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PETROAN Urges Fuel Price Reduction as Global Crude Oil Prices Decline
