The Group of Seven (G7) proposed to cap Russian crude oil at $65-$70 a barrel
Oil theft across the country reported that Nigeria lost $2 billion to oil theft in eight months.
Lagosians expressed concern about the region's impending fuel crisis
Nigeria's current oil reserves stood at 37 billion barrels
Lower U.S. oil inventories recorded last week bolstered global oil prices
Oil prices are bouncing back as OPEC+ members continue to reject reports of an output hike at the next meeting.
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Equity markets are back in the green on Friday after a choppy week in which the...
AfDB approved an equity investment of $20m in Evolution Fund III
The ripple effects of the FTX debacle continue to flow through the crypto industry revealing other vulnerabilities and weighing heavily on prices even amid a broader...
Nigeria's oil production increased to 1.02 million barrels per day in October 2022.
