President Bola Tinubu is scheduled to inaugurate the newly licensed College of Petroleum and Energy Studies, Kaduna later ...

Nigeria exported crude oil worth $1.34bn to the United States in the first five months of 2025, maintaining the country’s ...

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

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

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

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 ...

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

The United States imported Nigerian crude oil worth $1.34 billion between January and May 2025, reinforcing Nigeria’s ...

There are indications that the downstream segment of Nigeria’s petroleum sector has began to reap full benefits of subsidy ...

In nominal terms, aggregate GDP reached N94.05 trillion in Q1 2025, reflecting an 18.30% year-on-year increase from N79.51 ...

The National Bureau of Statistics (NBS) has released the long-awaited rebased gross domestic product (GDP) figures, updating ...