Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said Udobong Ntia, NNPC's executive vice ...

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

Renaissance Africa Energy Holdings has announced the successful completion of its landmark acquisition of Shell Petroleum ...

THE execution of Nigeria’s 2025 N54.99 trillion budget appears to be facing more challenges as the main source of funding, ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

NIGERIA achieved an oil production of 2.2 million barrels per day in 2020 at the height of the COVID-19 pandemic.

After reducing fuel prices, Dangote has been praised by AYIFER for easing Ramadan burdens and ending NNPC's monopoly. AYIFER ...

Nigeria’s naira slipped against the dollar after softer oil prices and lower local money market rates disrupted its recent ...

Nigeria's top export products were dominated by crude oil and several agricultural goods. Here are the key highlights: ...

Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.