President Bola Tinubu is scheduled to inaugurate the newly licensed College of Petroleum and Energy Studies, Kaduna later this month, according to Kaduna State Governor, Senator Uba Sani.Sani ...

Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

Nigeria’s Gross Domestic Product (GDP) grew by 3.13percent  (year-on-year) in real terms in the first quarter of 2025 ...

Nigeria’s FIRST Exploration & Petroleum Development Company (FIRST E&P) has entered into a strategic agreement with the ...

Nigeria's economy expanded by 3.13% year-on-year in the first quarter of 2025, the statistics office said on Monday, ...

The National Bureau of Statistics (NBS) has announced a significant shift in Nigeria’s economic landscape following the ...

The Nigerian crude price rose toward the Federal Government benchmark as drones targeted oilfields in Iraq for the fourth ...

The Nigerian Army has destroyed 14 illegal refining sites and seized over 350,000 litres of stolen petroleum products during a ...

Nigeria is aiming for a 2 million bpd OPEC+ target by 2027, supported by rising production and major oil company investments.

Data from Nigeria's state oil company NNPC shows that it did not contribute anything to state coffers in the first eight months of 2022, despite crude prices averaging $94 a barrel so far this ...

Two decades of collective breath holding was finally released with the enactment of the Petroleum Industry Act (PIA), making 2021 a notable year for Nigerian oil and gas.

With U.S. production soaring at the same time its consumption is declining, the U.S. may become a competitor in the longer term, with an ability to undercut producers like Nigeria. Oil containers ...