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Nigeria’s trade surplus jumps 220 percent to $480m

Nigeria's trade surplus jumped 220 percent to $480 million in January as oil exports hit a record, even as weaker cocoa prices dragged non-oil earnings.
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Nigeria at 65: How Oil Mismanagement Stalled Industrial Growth

Nigeria’s reliance on crude oil revenue derailed manufacturing growth, leaving the nation dependent on imports and facing deep economic struggles.
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Aliko Dangote’s Refinery: I’m Still Fighting Cabals

The $20 billion refinery owned by Aliko Dangote faces ongoing sabotage attempts due to opposition from established oil import cartels and select international oil companies who want to stop Nigerian domestic refining efforts.
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Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
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Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
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NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...
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U.S. Crude Oil to Dominate Nigerian Refineries, Economic Impact Unfolds

The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.
Business

Ijaw Youth Network Champions Tantita’s Anti-Oil Theft Initiative

In a decisive move against crude oil theft, the Ijaw Youths Network (IYN) is...
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Fuel Price: Uncertainty as Crude Oil Climbs to $93.50

Recent spikes in the global crude oil price have instilled anxiety among Nigerians regarding...
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Nigeria’s Qua Iboe crude oil hits record high of over $100 per barrel

Nigeria's Qua Iboe crude oil, one of the country's main export grades, has surged...

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