Tag: Crude oil

Petrol prices have risen sharply across Nigeria, placing fresh strain on households and businesses at a moment when inflation had ...

Nigeria generated an estimated N55.5 trillion from crude oil sales in 2025, supported largely by favourable oil prices, even as ...

Nigeria’s oil and gas industry is recalibrating operations as producers navigate global price volatility, regulatory reforms, and rising operational costs. ...

Nigeria’s crude oil production has recorded another decline, reinforcing concerns about short-term supply challenges even as projections for medium-term recovery ...

Throughout the first 11 months of 2025, Nigeria's combined crude oil and condensate production averaged a steady 1.64 million barrels ...

Nigeria's external reserves are on track to climb to $51.04 billion in 2026, marking a significant recovery from the estimated ...

In a significant move that underscores both the ambition and the fiscal complexities of Nigeria’s current economic trajectory, President Bola ...

A coalition of Nigeria's most eminent public figures, including a former aviation minister, Osita Chidoka, the former Emir of Kano, ...

Nigeria has lost more than 600,000 barrels of crude oil in just three days following a nationwide strike over mass ...

Nigerian crude oil, once trading steadily above $70 a barrel, slipped this week as global supply signals rattled the market. ...