In the past three years, Nigeria has paid an astounding N5.83tn in subsidies on petroleum products, according to reports by the National Bureau of Statistics (NBS)....
Oil prices have steadied as the market awaits the U.S. inflation data that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude...
Oil prices rose on Tuesday as experts predicted a decline in the U.S. inventories, the largest crude oil consumer in the world. The rise in Asian...
According to a report by data and analytics company, GlobalData, Nigeria is set to dominate the oil and gas sector in Africa between 2023 and 2027....
Experts predict that petrol may sell for about N750/litre if the Federal Government removes the subsidy by June this year.
Oil prices have steadied on Monday after rising for three straight weeks, with the looming supply cuts from Saudi Arabia and other OPEC+ producers balancing concerns...
Lawyers representing more than 13,000 Nigerians have accused Shell Plc of attempting to protect itself from scrutiny over pollution in Nigeria’s oil-producing Niger Delta. The Bille...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Equity markets are treading water in the middle of the week as investors weigh up what...
Nigeria’s crude oil production rose the most in the month of March, rising to 1.6 million barrels per day (mbpd) in the month, according to a survey...
Following the Organization of the Petroleum Exporting Countries (OPEC) and its allies’ 1.66 million barrels per day (bpd) crude oil production cut on Sunday, global oil...
