Nigeria’s Oil Production to Increase by 35000bpd Following the resolution of the dispute between Shell Petroleum Development Company, Belema Oil and host communities on OML 25...
Experts Fault CBN’s Cashless Policy Economic and financial experts have started telling the Central Bank of Nigeria (CBN) to ease charges being levied on consumers following...
Oil Prices Fall on Saudi Arabia Reassurance Following Saturday’s drone attacks on Saudi Arabia’s largest crude oil processing plant that erased 5 percent of global crude...
President Buhari Constitutes New Economic Council President Muhammadu Buhari has replaced the old Economic Management Team (EMT) headed by the Vice President, Prof Yemi Osinbajo, with...
Nigeria’s Inflation Improves Further in August The new data released by the National Bureau of Statistics (NBS) shows consumer prices moderated slightly in the month of...
Chinese Company to Finance $2.5bn Pipeline Project -NNPC Mallam Mele Kyari, the Group Managing Director, Nigerian National Petroleum Corporation, said the corporation has agreed to a...
Oil Prices Jump Most on Monday After Saudi Attacks Oil prices jumped the most on record following Saudi Arabia attacks that erased over 5 million barrels...
Nigeria’s Foreign Reserves at 6-month Low Falling foreign revenue generation amid weak oil prices continue to weigh on Nigeria’s foreign exchange reserves in the third quarter...
Saudi’s Biggest Oil Plant on Fire, Attacked by 10 Drones Abqaiq plant, Saudi Arabia’s largest crude oil processing plant, was attacked by ten drones in the...
Oil Falls as OPEC Lowers 2020 Demand Global oil prices continue to decline amid waning demand following the Organization of the Petroleum Exporting Countries reassessment of...