The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s oil and condensate reserves stood at 37.50 billion barrels as of January 1, up from 37.046 billion barrels in May
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The Nigeria Navy says it has uncovered 15 illegal refining sites in Rivers. Desmond Igbo, the commander of Nigeria Navy Ship (NNS) pathfinder, spoke on Friday when he led journalists
No better poetry to show how serious the year 2024 will be than the fact that the year started on a Monday — with markets hitting the ground running, less
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the
Inflationary pressures are gradually easing across the globe but remain rampant in Africa’s largest economy. Unlike the United States which
BY GABRIEL OGUNJOBI For more than 50 years, Nigeria’s economic mainstay has been crude oil but the oil wealth comes
BY GABRIEL OGUNJOBI Idowu Abimbola was leaning on one of the moored boats, knitting new silk to fix a tangled
Odein Ajumogobia, former minister of state for petroleum resources and chairman of FIRST Exploration and Petroleum Development Company Limited (FIRST
The Nigeria Extractive Industries Transparency Initiative (NEITI) says revenue from the oil and gas sector amounted to $394.02 billion from
Mohammed Abdullahi, minister of environment, says the ongoing Ogoni clean-up will not be completed under the administration of President Muhammadu
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