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Tag "OPEC"

N27trn budget, Port Harcourt refinery operations… 7 business stories to track this week

    N27trn budget, Port Harcourt refinery operations… 7 business stories to track this week

Here are the seven top business stories you need to track this week — December 4 to December 8. TINUBU PRESENTS N27.5TRN APPROPRIATION BILL President Bola Tinubu submitted the 2024

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OPEC: Nigeria’s crude oil production can hit 1.5m bpd in 2024

    OPEC: Nigeria’s crude oil production can hit 1.5m bpd in 2024

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria can achieve an oil production quota of 1.5 million barrels of crude oil per day (bpd) in 2024 OPEC made this

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Oil price falls to $81 per barrel as OPEC postpones meeting to Nov 30

    Oil price falls to $81 per barrel as OPEC postpones meeting to Nov 30

The Organisation of Petroleum Exporting Countries (OPEC) has postponed its meetings originally scheduled to hold on November 25 and 26, 2023.  In a notice on its website, OPEC said the

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OPEC: Nigeria retained position as Africa’s largest oil producer in October

    OPEC: Nigeria retained position as Africa’s largest oil producer in October

Nigeria has retained its position as the largest oil producer in Africa, according to the Organisation of the Petroleum Exporting Countries (OPEC). In its latest monthly report on Monday, the

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OPEC: Petrol exports to W’Africa dropped by 28% due to Nigeria’s subsidy removal

  OPEC: Petrol exports to W’Africa dropped by 28% due to Nigeria’s subsidy removal

The Organization of Petroleum Exporting Countries (OPEC) says the end of petrol subsidy in Nigeria contributed to the decline in

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CBN governor nominees, food prices… 7 business stories to track this week

  CBN governor nominees, food prices… 7 business stories to track this week

Here are the seven top business stories you need to track this week — September 18 to September 22. TINUBU

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Diezani Alison-Madueke: Is this the last chapter?

  Diezani Alison-Madueke: Is this the last chapter?

The announcement last week by the British authorities that they had charged former petroleum resources minister, Diezani Alison-Madueke, with bribery

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Nigeria now third largest oil producer in Africa, says OPEC

  Nigeria now third largest oil producer in Africa, says OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production declined in July 2023, making the country the

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Report: Saudi Arabia extends voluntary oil output cut, to produce 9m bpd in August

  Report: Saudi Arabia extends voluntary oil output cut, to produce 9m bpd in August

The Kingdom of Saudi Arabia says it will extend its voluntary oil output cut of one million barrels per day

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Nigeria regains spot as Africa’s biggest oil producer after output spike in May

  Nigeria regains spot as Africa’s biggest oil producer after output spike in May

Nigeria has reclaimed its position, overtaking Libya, as Africa’s largest oil producer. In its latest monthly report, the Organisation of

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