Amatu 2, an oil-bearing community located on the Atlantic Ocean coast in the Induwini Kingdom of Ekeremor Local Government ...

Nigerian officials say at least 18 people have died and 10 others were injured in the country's south after a gasoline tanker exploded.

Despite the government’s allocation of substantial financial resources to tackle the persistent issue of oil theft, a staggering 2,654 incidents were recorded between 2021 and 2024 as successful oil ...

Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to ...

One year after a sharp drop against the dollar, the naira is currently going through an uncommon period of stability, and analysts believe this trend will continue.

Quoting data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Punch reports that Nigeria’s crude oil revenue rose to about N50.88 trillion in 2024, with the country producing ...

The professor insisted that the pictures extracted from his phone ... The News Agency of Nigeria (NAN) reports that the ICPC had, on January 25, 2024, re-arraigned Ndifon alongside his lawyer ...

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's oil industry is poised for growth as petroleum marketers prepare to launch a new 50,000 barrels per day (bpd) refinery. According to Billy Gillis-Harry, National President of the ...

The latest data from the Energy Information Administration (EIA) reveals a smaller than expected decline in crude oil inventories, suggesting a weak demand for crude oil in the market. The EIA ...

A young Nicole came onto the acting scene in the '80s, sporting that classic curly-haired look.