Tag
CRUDE OIL
Nigeria's oil sector contributed only 6.21% to the real gross domestic product in the first quarter of 2023
Nigeria's House of Representatives begins probe of alleged missing $2.4 billion from crude oil sales in 2015.
Nigeria’s crude oil revenues could see a drop in the near term due to the current French strike action which started on March 7th 2023.
OPEC has said that Nigeria is still Africa's top crude oil producer after it pumped 1.3 million barrels daily in February 2023
Data from the National Bureau of Statistics has shown that Nigeria’s crude oil exports accounted for 77.24% of total exports in Q4 2022.
Following the passage 2023 Budget, Nigeria has increased its crude oil benchmark to $75 per barrel from the previous $70 per barrel
This discovery is coming at a time when Nigeria has lost its place as Africa's largest oil producer
Putting an end to leakages like the petrol subsidy regime and improving the country’s tax regime will also help move Nigeria from a consuming to a producing nation.
NNPC Ltd. and its partners attracted an investment of $3 billion to the project
Algeria took the top spot as Africa's largest crude oil producer for October, followed by Angola
The government is making effort to move the country away from a mono-cultural economy and create jobs for the teeming populace
The Nigeria Security and Civil Defence Corps (NSCDC), Rivers State Command has uncovered a huge dump site used...