News

Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 92 million barrels ...
Nigeria's crude oil production has fallen from 1.5 million barrels in January to 1.40 million barrels daily, from 1.465 in ...
About 60 million barrels of Nigeria's crude oil are currently stranded and floating at high seas with no buyers, while ...
Indonesia, one of Nigeria's key crude oil buyers, has concluded plans to reduce purchases from Nigeria and increase its ...
The Nigeria Upstream and Petroleum Regulatory Commission (NUPRC) has said that Nigeria’s crude oil and gas reserves have ...
International Oil Companies (IOCs) operating in Nigeria have continued to bypass direct crude oil supply to local refineries, ...
With a focus on prudent resource allocation and diversification, Nigeria is poised to navigate the challenges of low oil ...
Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the ...
What you do if your budget revenue is below expectation is to… conserve and prioritise and that’s exactly what we have agreed ...
The Special Intelligence Squad, SIS, of the Nigeria Security and Civil Defence Corps, NSCDC, has foiled an attempt by vandals ...
"With the right strategies in place, we can elevate this sector to a level where it becomes a significant source of foreign ...
International Oil Companies (IOCs) operating in Nigeria continue to bypass direct crude supply to local refineries, even as the country grapples with an estimated 60 million barrels of stranded crude ...