Nigeria’s daily oil production increased in July by 25,000 barrels per day to 1.276 million barrels per day (mbpd). This development was disclosed by the Organisation...
Oil prices rose on Friday after traders noticed signs of easing inflationary pressures in the United States, the world’s largest oil consumer. Brent crude oil, against...
The Federal Government, through the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), has reached an agreement with oil producers to permit the sale of crude oil to...
The Nigerian government has announced a series of measures aimed at curbing the surging cost of food. Among the most significant steps is the suspension of...
Oil prices dipped on Wednesday as the impact of Hurricane Beryl dissipated and inflation data highlighted stubbornly weak consumer demand in China, the world’s top crude...
Cocoa processing slowed last quarter and industry experts warn a steeper decline is looming as the ripple effects of skyrocketing cocoa prices hit chocolatiers globally. Despite...
Oil prices remained largely unchanged as investors closely monitored potential energy supply disruptions due to the largest ports in Texas shutting down in anticipation of Tropical...
Long queues have resurfaced at petrol stations across Nigeria, sparking renewed concerns over fuel shortages as the Nigerian National Petroleum Company (NNPC) Limited grapples with a...
The Nigerian National Petroleum Company Limited (NNPC) announced on Thursday that the use of Compressed Natural Gas (CNG) in automobiles will be 40% cheaper than using...
Oil prices for both Brent and West Texas Intermediate (WTI) crude reached new highs on Thursday, with Brent holding above $87 a barrel, its highest level...
