Nigeria’s crude oil production fell further in February to 1.4 million barrels per day (bpd) despite efforts to sustain the recent increase recorded. According to data...
Oil prices held steady on Monday as investor caution intensified over the potential impact of U.S. trade policies and rising output from OPEC+ producers on global...
Oil prices edged higher on Friday but were on track for their largest weekly decline since October as uncertainty surrounding U.S. tariff policies and an impending...
Saudi Aramco, the state-owned oil giant, has lowered its crude oil prices for Asian buyers in April. The move comes in response to increased global supply...
The Transmission Company of Nigeria (TCN) has said it will hit a transmission capacity of 10,000 megawatts (MW) from the current 8,500MW within the next two...
The Nigerian government has confirmed its plan to settle a fuel subsidy debt of N7.74 trillion owed to the Nigerian National Petroleum Company Limited (NNPCL) within...
Nigeria generated a record 5,713.60 megawatts (MW) on March 2, 2025, according to the Transmission Company of Nigeria (TCN). This surpasses the previous peak of 5,543.20MW...
The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday slashed the pump price of Premium Motor Spirit (PMS), commonly known as petrol, from N945 per litre...
Crude oil prices dipped in the early hours of Tuesday following the OPEC+ decision to gradually increase crude oil production after multiple delays. In the meeting...
Gold prices rebounded on Monday to trade above $2,860 an ounce as escalating US tariff threats stoked fears of an economic slowdown and forced investors to...