Tag: Oil Exports

Nigeria has imported crude oil from Libya for the first time on record, underscoring mounting pressure on domestic crude availability ...

Nigeria imported crude oil worth $1.39 billion during the first quarter of 2026, marking a significant increase as local refineries, ...

Nigeria recorded a current account surplus of $4.98 billion, underscoring the pivotal role of crude oil exports in supporting the ...

Nigeria’s oil industry has received a significant boost following the addition of new crude streams that have collectively contributed approximately ...

Nigeria recorded a significant increase in crude oil and condensate production in May 2026, exceeding its production target set by ...

Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...

Nigeria, Africa’s largest crude oil producer, continues to underperform in global energy markets despite intensifying competition for oil supplies amid ...

Nigeria could see a boost in its foreign exchange reserves and improved stability for the naira as rising global oil ...