By Adedapo Adesanya The Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri, has attributed the consecutive decline in Nigeria’s oil production capacity to 1.23...
By Adedapo Adesanya Nigeria’s crude oil production for January rose by 7.3 per cent as data revealed that the country averaged around 1.427 million barrels of...
By Adedapo Adesanya Nigeria bolstered its oil supplies by 50,000 barrels a day to 1.49 million per day in December 2023, a new Bloomberg survey has...
By Adedapo Adesanya Nigeria has seen the restoration of oil production amounting to 275,000 barrels per day as the Nigerian National Petroleum Company (NNPC) Limited settled...
By Adedapo Adesanya Nigeria’s crude oil production rose by 14.4 per cent to 1.35 million barrels per day in September 2023, as the country pumped its...
By Dipo Olowookere All things being equal, Nigeria will soon achieve self-sufficiency in soybean as a result of a partnership between Ellah Lakes Plc and the...
By Adedapo Adesanya An improvement in the crude oil output in Nigeria has eased the pressure on the Naira against its peers in the foreign exchange...
By Adedapo Adesanya The 23 oil-producing nations under the aegis of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies, OPEC+, on Sunday agreed...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and allies (OPEC+) is now producing below its targets by a record 3.58 million barrels per...
By Adedapo Adesanya Nigeria’s crude oil production has slumped below one million barrels per day, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The agency...
