According to the CBN, outdated pipeline infrastructure and operational inefficiency were the primary reasons for the drop in ...

Nigeria remained one of Africa's leading exporters of crude oil, supplying its high-quality petroleum to several countries ...

Nigeria's crude oil exports have surged to N24.18 trillion in the first nine months of 2024, driven by increased demand from ...

Speaker of the House of Representatives, Mr. Tajudeen Abbas, has warned against over-reliance on crude oil by Nigeria, saying it ...

Nigeria National Petroleum Corp. Ltd. has completed rehabilitation and restarted processing and production activities for ...

A significant shift is taking place in Nigeria's upstream oil and gas sector where indigenous energy companies are ...

The year 2024 has undoubtedly been eventful, marked by numerous defining moments. From politics to business, sports, and ...

Oil prices holding steady on Tuesday but 2025 demand outlook weakens. Can OPEC+ cuts offset rising non-OPEC supply? Crude ...

In Nigeria, the first part of a $1 billion project to clean up Ogoniland in the Niger Delta, where there have been thousands ...

The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, has said the Nigerian Navy will deploy armed drones to tackle illegal oil bunkering activities in the Niger Delta region.

Nigeria has solidified its position as a premier oil producer, supplying its crude to several countries globally.