News

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country's daily oil production currently averages 1.7 ...
The federal government has acknowledged a shortfall in projected oil revenue, despite recording improved performance in overall gross revenue generation.
Nigeria’s state oil company NNPC has won a critical court case that, had it lost, threatened to invalidate all decisions made ...
We have a shared responsibility to rescue our economy from further bleeding,” Mezeh emphasized. “Sustaining these gains means ...
Nigeria's oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million ...
Nigeria has updated how it measures its economy as part of ongoing reforms. This factsheet breaks down the key changes and ...
Nigerian oil producer Heirs Energies plans to double output by 2030 and is looking to expand across Africa, Chief Executive ...
Nigeria is currently the leading oil exporter in Africa. Since the early 1900s, Nigeria has made its mark in petroleum ...
We understand the fundamentals of exporting and are committed to handholding potential exporters to build relationships….
The naira has maintained its ground against the US dollar amid a $70 million accretion to the external reserves, which has now risen to $40.654 billion this week.
Nigeria's non-oil exports rose 19.6% to $3.225 billion in the first half of 2025, its export promotion agency said on Monday, ...
Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected ...