The landing cost of imported petrol has crashed to N975 per litre from N977, according to information from the Major Energy ...

Nigeria is one of Africa’s largest crude oil producers and most of its exploration happens in the south of the country. A ...

NNPC Limited and oil marketers imported 1.5 million metric tonnes (mts) of Premium Motor Spirit (PMS) or two billion litres ...

Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in ...

Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say ...

The October inflation figure represents a 1.18 percentage point increase from September's rate, reflecting a sharper rise in ...

Nigeria’s crude oil production grew 35,000 barrels per day in October, rising to about 1.085 million barrels for the month ...

Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.

The National Bureau of Statistics (NBS) in its October report on inflation says Adamawa, Sokoto and Yobe states were the worst hit by food inflation as Nigeria’s headline rose to 33.88% against 32.70% ...

Nigeria expects a 30% increase in crude and condensate output as authorities strengthen security around the nation’s oil infrastructure and incentives in the sector attract investment, even though the ...