Energy

Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing...

The Nigeria Security and Civil Defence Corps (NSCDC) has seized a truck carrying approximately 70,000 liters of stolen crude oil...

The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion...

The Nigerian electricity sector faced a downturn in the fourth quarter of 2024 (Q4 2024), as the electricity production index...

The House of Representatives Public Accounts Committee (PAC) has announced the recovery of an additional $14.2 million (N21.4 billion) from...

There are reports that the pump price of petrol has increased to between N930 and N970 per litre in some...

The Federal Government of Nigeria has launched a Credit Scheme worth N2.5 Billion to encourage the conversion of vehicles to...

The Nigeria Economic Summit Group (NESG) has called on the Federal Government to maintain crude oil production at 2.2 million...

Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning...

The Federal Government has announced plans to host a national stakeholders’ dialogue aimed at addressing the persistent challenges of exorbitant...