Nigeria’s pipelines and terminals’ receipt of crude oil close to 100% – Bashir Ojulari
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bashir Ojulari, has disclosed that Nigeria's pipelines ...
Tag: crude oil
Improved pipeline security, crude oil production drive Nigeria’s $41 billion reserves – Analyst
Nigeria’s foreign reserves have risen to $41 billion, a milestone last recorded nearly four years ago, with analysts crediting the ...
Oil Down, Dollar Weak, Naira Up: Why Nigeria’s Markets Are Defying the Odds – Drinks & Mics Ft. Chika Mbonu
In Episode 25 of Drinks & Mics, banking OG Chika Mbonu joins Ugodre, Tunji, and Arnold for a no-holds-barred session ...
Nigerian oil market faces headwinds amid unsold oil cargoes
Nigeria's economy, which heavily relies on its oil industry, faces a looming crisis as many barrels scheduled for export in ...
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian ...
Crude oil price rises above $74 amid U.S. sanctions, trade war concerns
Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning ...
Nigeria’s top 10 foreign trade partners in 2024
Nigeria’s foreign trade value in full year 2024 reached N138.03 trillion, a substantial increase of 106.56% compared to N66.83 trillion ...
Global oil prices surge on Monday as Trump’s tariffs spark supply fears
Global oil prices jumped up on Monday following the imposition of tariffs by U.S. President Donald Trump on Canada, Mexico, ...
Parallel Market Exchange rate stays stable at N1,660/$1 despite surge in crude oil prices
The naira dipped against the safe-haven currency at the official market amid rising oil prices in global markets.
Nigeria produced 566 million barrels of crude oil in 2024 – NUPRC data
Data mined from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria produced a total of 566.8 million barrels ...
