Nigeria Generates N5.54trn Oil Revenue in 2018 Nigeria generated N5.54 trillion from oil revenue in 2018, according to the Central Bank of Nigeria. The figure published...
Oil Sector: Source of Illicit Financial Flows The Nigeria Extractive Industries Transparency Initiative and Trust Africa have revealed that Nigerian business operators in the oil and...
Global Oil Prices Tumble After Trump Cautions OPEC Global oil prices tumbled on Monday following President Trump’s tweet on rising global oil prices. The U.S. President...
Exports of Nigeria Crude Oil Grades Set to Rise Exports of two Nigerian crude oil grades, Qua Iboe and Bonny Light, are set to rise in...
Rising U.S. Oil Exports Threaten Nigeria, Others The recent surge in U.S crude exports to Asia region is expected to weigh on exports from Nigeria and...
Oil Prices Rally Despite U.S. High Output U.S Output Rose by 100,000 bpd Last Week Global oil prices rallied on Friday after data showed the United States...
Back Taxes: IOCs to Pay $20 Billion International Oil Companies (IOCs) operating in Nigeria has been ordered to pay $20 billion in back taxes to states....
Crude Oil Rises Above $66 on OPEC Bullish News Numbers of bullish news have changed oil market outlook in the last few days as traders are...
Nigeria’s Daily Oil Production Falls to 1.99 Million Barrels The nation’s crude oil production including condensate fell to 1.999 million barrels per day in January from...
Oil Rises 2% on Saudi Arabia, OPEC Cuts Oil prices rallied yesterday amid signs that the Organisation of Petroleum Exporting Countries (OPEC’s) production cuts are taking...