Crude Prices

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

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.

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.

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.

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.

Vitol: Oil prices could rise amid tighter supply

January 18, 2022

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

January 4, 2022

Brent crude crosses $86 to highest level since 2018

October 25, 2021

US crude oil

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.

NNPC boss starts week with charge for profit sustenance

September 5, 2021

OPEC+ raises forecast for oil demands next year

September 5, 2021

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

July 27, 2021

diesel pump

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

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.

Algeria to elect parliament amid protest movement boycott

June 10, 2021

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

May 26, 2021