Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, according to industrial data. Data obtained from the Nigerian Upstream Petroleum Regulatory Commission confirmed that Nigeria ...

A women-led reforestation effort has planted millions of mangrove trees with a high survival rate across swamps in Nigeria’s ...

indicating that it did not meet up with its oil production quota of 1.5 mbpd allotted to it by OPEC. The December 2024 average daily oil output also means that Nigeria failed to meet the 1.7 mbpd ...

Good news for the administration of president Tinubu as oil prices rises to highest level in the last four month giving hope ...

Dubbed Escravos, the unit started operations in Chevron Nigeria Limited/Nigerian National Petroleum Corp. oil field offshore Nigeria in July. Built by IHI's Aichi Works, the permanently moored ...

Nigeria’s reliance on oil has long defined its economic structure, but experts argue that the key to saving its currency, the Naira, lies in diversifying away from this sector. For decades, Nigeria’s ...

Nigeria, Africa’s largest crude producer, alongside Angola, is expected to drive the continent’s oil output to 3.39 million barrels per day (bpd) in 2025 as the region looks to improve production by ...

“Mr president needs to come with pictures, 3D of what Nigeria will be like in 30 years’ time,” he said. “No leader will create sustainable change if he or she cannot shift the mindset and ...

The African Energy Chamber (AEC) anticipates a significant surge in African oil production in 2025, with Nigeria and Angola leading the charge. In its “State of African Energy 2025 Outlook,” the AEC ...

Experts and stakeholders in the oil and gas and policymakers have called for urgent reforms in Nigeria’s oil and gas sector to increase economic growth. They made the at a one-day symposium themed ...