Nigeria’s palm oil production has risen to 1.57 million tonnes in 2025, reflecting steady growth over the past five years ...

Industry stakeholders have raised fresh concerns over the potential long-term consequences of the Federal Government’s recent Executive Order altering key fiscal provisions of the Petroleum Industry ...

Aliko Dangote, Africa’s richest man, has an ambitious vision for the continent’s most populous nation, but hurdles stand in his way.

It is no secret that Nigeria’s economy is mainly dependent on crude oil, which is why there is so much buzz in the oil and gas industry. According to Nairametrics, crude oil accounted for about 82.5% ...

Stakeholders in Nigeria’s palm oil value chain have recently disclosed a 12 percent rise in the country’s palm oil production to 1.57 million metric tons (MMT) in 2025, up from ...

Nigeria lost an estimated $1.31 billion in gross revenue over the past year due to its consistent struggle to meet its production quota set by OPEC+, despite having ambitious plans to boost oil output ...

...Targets 50,000 additional daily outputThe Nigerian National Petroleum Company Limited (NNPC) will begin exporting a new light, sweet crude grade named Cawthorne Channel in the third week of March, ...

TotalEnergies has signed a Sale and Purchase Agreement to divest its 10% non-operated stake in the Renaissance joint venture in Nigeria, marking another step in the company’s long-running portfolio ...

NUPRC Chief Executive Gbenga Komolafe announces record reduction in Nigeria’s crude oil losses, citing reforms and stronger surveillance measures. [Getty Images] The reduction in oil losses is ...

Nigeria’s crude oil rigs have risen astronomically from eight to 69 in the past four years. The 762.5 per cent leap, said Nigerian Upstream Petroleum Regulatory Commission (NUPRC), indicates renewed ...