crude oil

Dangote Refinery to Shift Fully to Nigerian Crude by Year-End
Dangote Refinery to Switch Fully to Nigerian Crude by December

Africa’s largest oil refinery, owned by billionaire Aliko Dangote, is set to rely entirely on…

Explainer: How the Israel-Iran War Could Affect You as a Nigerian
Explainer: How the Israel-Iran War Could Affect You as a Nigerian

In the early hours of Sunday, June 22, the escalation between Israel and Iran took…

As Crude Oil Slumps by 12%, CBN Injects $197.71m into Forex Market
As Crude Oil Slumps by 12%, CBN Injects $197 Million into Forex Market

The Central Bank of Nigeria (CBN) has injected $197.71 million into the foreign exchange market…

Portugal Turns to Nigeria for Natural Gas to Reduce Russian Dependency

Portugal has revealed plans to increase imports of Liquefied Natural Gas (LNG) from Nigeria and…

Oil Sector Fuels Nigeria’s 3.46% GDP Growth in Q3 2024
Oil Sector Fuels Nigeria’s 3.46% GDP Growth in Q3 2024

Nigeria’s economy grew by 3.46% year-on-year in the third quarter of 2024, driven by significant…

NNPCL Halts N24tn Fuel Importation, Sources Exclusively from Local Refineries
NNPC Seeks Crude-Oil Backed Loan as Fuel Scarcity Lingers

The Nigerian National Petroleum Company (NNPC) Limited is seeking to secure another oil-backed loan, less…

NNPCL Halts N24tn Fuel Importation, Sources Exclusively from Local Refineries
NNPC Declares State of Emergency on Crude Oil Production, Targets 2 Million Barrels Per Day

In a move to bolster Nigeria’s crude oil production and expand its reserves, NNPC Ltd…

Dangote to Begin Oil Production to Support Refinery Operations
Why Is Dangote Importing US Crude Oil? – Experts Weigh In

Dangote Refinery, the world’s largest single-train refinery, has submitted a tender to buy 2 million…

What’s left to be said about the Civil War? This veteran tells story of how land-locked Biafran soldiers refined crude oil

On August 6, 1945, an American B-29 bomber named Enola Gay dropped an atomic bomb…

Mele Kyari
How we intercepted vessel loaded with 800k litres of stolen crude oil – By NNPC

Following the receipt of credible intelligence, a Private Security Contractor engaged by NNPC Ltd., Messrs.…

What’s left to be said about the Civil War? This veteran tells story of how land-locked Biafran soldiers refined crude oil
What’s left to be said about the Civil War? This veteran tells story of how land-locked Biafran soldiers refined crude oil

On August 6, 1945, an American B-29 bomber named Enola Gay dropped an atomic bomb…

Yar'adua Niger Delta
Umar Musa Yar’Adua: Nigerian President who restored peace in Niger Delta after years of militancy

For over two decades, the oil-producing Niger Delta region of Nigeria was in turmoil. At…

Seyi Makinde Nigeria
One of Nigeria’s biggest problems is negative nostalgia. We seem tied to the past – By Seyi Makinde

That is the feeling I get whenever I interact with my people in Port-Harcourt. I…

Remembering Umar Musa Yar’Adua: Nigerian President who restored peace in Niger Delta after over a decade of militancy

  For over two decades, the oil-producing Niger Delta region of Nigeria was in turmoil.…

How to Pull Nigeria From The Brink – Atiku Abubakar

On Monday, April 27, 2020, British oil and gas giant, BP, became the latest in…

The Naira Is About To Lose A Lot More Value, Here’s Why

Crude oil prices have dropped to $36 per barrel, almost 45% less than the $57…

FG Plans To Reshuffle Oil Licenses In 2020

NNPC Director, Mele Kyari says Nigeria’s crude oil reserve has stagnated at 37bn barrels because current license holders are no longer searching for new oil fields.

Venezuela on the brink of collapse as hyper inflation reaches 12,615%

It is estimated that more than 87 percent of the country now live in poverty.