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Crude Prices

Zainab Ahmed, minister of finance, budget and national planning, disclosed this during a press briefing in Abuja on Monday.
Energy

Fuel subsidy: Nigeria struggling to service debt – Zainab Ahmed

June 15, 2022
Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe, has said under his leadership, no marginal field operator would be allowed to “trade” in papers issued by the organisation.
Energy

Marginal fields: We’ll not accept people trading in our papers – NUPRC boss

April 19, 2022
Former Speaker of the Parliament of the Economic Community of West African States, ECOWAS Parliament, Senator Ike Ekweremadu, has rued the global impacts of the Russia-Ukraine conflict, noting also the racial discriminations faced by Nigerians and Africans in the wake of the crisis.
Nigeria

Senator Ekweremadu laments impacts of Russia-Ukraine conflict, tasks global community on racism

March 28, 2022
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the country is unable to meet its production quota due to unwarranted oil theft in the sector.
Energy

CBN boss: Nigeria unable to meet output quota due to oil theft

March 22, 2022
The Egyptian Ministry of Petroleum and Mineral Resources announced on Thursday a new oil discovery in the shallow waters of Geisum concession south of the Gulf of Suez, with an initial production rate of 2,000 barrels of crude oil per day.
Energy

Vitol: Oil prices could rise amid tighter supply

January 18, 2022
A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS-Dado Ruvic-File Photo
Energy

OPEC+ sticks with plan to gradually boost output, despite Omicron

January 4, 2022
Energy

Brent crude crosses $86 to highest level since 2018

October 25, 2021
US crude oil
Energy

Oil prices rise on tight supply, hit three-month high

September 24, 2021
The group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, says the country needs to formulate the right policies in order to unlock its huge economic potential.
Energy

NNPC boss starts week with charge for profit sustenance

September 5, 2021
A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS-Dado Ruvic-File Photo
Energy

OPEC+ raises forecast for oil demands next year

September 5, 2021
Finance

Nigeria’s central bank halts sale of $5.7 billion to bureaux de change

July 27, 2021
diesel pump
Energy

Diesel spikes to N290 per litre amid rally in global crude oil prices

July 10, 2021
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2
Nigeria

Nigerian lawmakers approve $2.4 bn funds for security, coronavirus vaccines

July 8, 2021
Algiers, Algeria - Polls opened on Thursday in a controversial presidential election with critics saying all candidates should be purged because of their ties to the unpopular former government.
Africa

Algeria to elect parliament amid protest movement boycott

June 10, 2021
Nigeria

CBN governor urges bandits to drop arms, embrace anchor borrowers’ programme

May 26, 2021
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