The Nigerian Bureau of Statistics (NBS) has released its highly anticipated 2023 second-quarter Gross Domestic Product (GDP) report, revealing a significant decline in Nigeria’s oil production....
National Security Adviser Nuhu Ribadu Highlights Ongoing Challenges and the Government's Commitment
Oil prices exhibited minimal fluctuations on Monday as China implemented measures to fortify its economy. Nevertheless, investors maintained their concerns regarding the pace of economic growth...
Sinopec Corp, the behemoth of the Chinese refining industry, is gearing up to keep its refinery output stable during the latter half of 2023, anticipating a...
Last night, a group of protesters from Ugborodo, Deghele, and Ugboegungun, the host communities of the Otumara Flow Station in Delta State, operated by Shell Petroleum...
Oil prices rose slightly on Friday but remained on track for a second consecutive week of decline. This dip was primarily attributed to the strengthening of...
Challenges Emerge as Subsidies End, Forex Scarcity Persists
On Thursday, oil prices saw a modest decline in the face of disappointing economic indicators from major economies worldwide. Investors are holding their breath for U.S....
The Nigerian Liquified Natural Gas company has reached out to President Tinubu, urging him to take decisive action in addressing the persistent sabotage of oil pipelines...
Brent crude oil edged lower by 8 cents to settle at $84.38 per barrel in the early hours of Tuesday while the U.S. West Texas Intermediate...
