Crude grade price from Nigeria appreciated above $70 per barrel, marginally higher than the major oil contracts traded on the ...

Recently, the Nigeria Security and Civil Defence Corps (NSCDC) apprehended several palm oil suppliers in Potiskum, Yobe State, and Jos, Plateau State, for allegedly contaminating the product with dye.

Nigerian crude prices surged above $70 per barrel, marginally higher than the major oil contracts traded on the global oil ...

Brazil’s state-run oil giant, Petrobras, has declared its ambition to make Africa its principal region of development outside South America, with a major push into deepwater exploration. The ...

The IMF says revised oil assumptions are needed in Nigeria’s 2025 budget to avoid widening fiscal deficit and inflation risks ...

Most prominent among them is the palm oil – a cooking oil, popularly known as red oil. In the past few years there has been a gradual increase in the price of palm oil, but most recently the ...

Nigeria and Saudi Arabian oil giant Aramco’s discussions regarding a $5bn oil-backed loan have hit a snag following a significant drop in crude oil prices, reported Reuters, citing sources. The ...

ABUJA, Nigeria -- Kunle Maringa spent nearly 24 hours recently in a two-mile-long line to fill up the gasoline tank of his battered Peugeot sedan. Maringa's goal was a greasy service station ...

FILE - Men walk past an illegal refinery at the creeks of Bayelsa, Nigeria, on May 18, 2013. Nigerian security forces said on Dec. 1, 2024, they performed successful raids against oil thieves over ...

Nigeria's president Bola Tinubu has signed an executive order designed to reduce costs and increase revenue from oil and gas projects. The new upstream petroleum operations cost efficiency ...

Brazil’s state-run oil giant, Petrobras, has declared its ambition to make Africa its principal region of development outside South America, with a major push into deepwater exploration. The ...