Nigeria’s crude oil production has reached 1.75 million barrels per day (BPD) with gas production at 7 billion standard cubic feet per day (SCFD), according to...
By Dr Salem Alremeithi CEO of SHR Capital Limited Gold prices experienced a modest decline for the second consecutive day after reaching historic highs earlier this...
Oil prices declined by about 1% on Thursday on possible peace talks between Ukraine and Russia and concerns about rising crude inventories in the United States....
Sugar refineries across the Middle East are operating below capacity as declining profit margins force companies to scale back production. The region is experiencing financial strain...
Mali, Africa’s largest cotton producer, is set to invest $40 million in clean energy as part of a broader effort to enhance its competitiveness in the...
Eko Electricity Distribution Company (EKEDC) has commenced the distribution of free prepaid meters to Band A customers within its coverage areas under the Meter Acquisition Fund...
Oil prices climbed on Monday as investors appeared to have discounted escalating trade tensions by U.S. President Donald Trump’s tariff threats. Brent crude futures rose by...
Nigeria’s crude oil production declined for the second consecutive month in January 2025. According to Reuters, crude oil production declined by 60,000 barrels per day (bpd)...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that oil and gas companies operating in the country owe the Federal Government $6.1 billion in unpaid...
The cost of producing a barrel of crude oil has risen to $40 per barrel in Africa’s largest economy as investments in modern equipment slow. The...
