Nigeria’s oil sector, the lifeblood of its economy, is grappling with a burgeoning crisis as a staggering 80 million barrels ...

Despite Nigeria’s heavy reliance on crude oil, which accounts for 76 percent of national revenue, the price of a barrel of ...

What you do if your budget revenue is below expectation is to… conserve and prioritise and that’s exactly what we have agreed ...

Nearly 60 million barrels of Nigerian crude oil were left stranded and unsold, floating on the high seas, as IOCs continued ...

The federal government says it will prioritise critical expenditures and ramp up oil production in response to declining oil ...

Asian and Mediterranean nations emerged as the leading destinations for Nigerian crude oil exported by International Oil Companies (IOCs) as well as the ...

Nigeria's crude oil production has fallen from 1.5 million barrels in January to 1.40 million barrels daily, from 1.465 in ...

Nigeria’s oil export revenues may be facing a significant threat as Indonesia, one of its key crude oil importers, plans to ...

Nigeria's Economy Minister Wale Edun outlines ambitious 7% growth target fueled by ongoing reforms, even as IMF projects ...

The Special Intelligence Squad, SIS, of the Nigeria Security and Civil Defence Corps, NSCDC, has foiled an attempt by vandals ...

International Oil Companies (IOCs) operating in Nigeria have continued to bypass direct crude oil supply to local refineries, ...

In continuation, he reiterated that the unit must work together to support the administration of President Bola Ahmed Tinubu ...