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Nigeria oil production

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Nigeria’s October oil output figures create rift between OPEC, FG

October oil production figures differ from OPEC and Nigeria’s Federal Government.

OPEC Challenges Tinubu’s Claim of 1.6 Million Barrels Per Day Oil Output

OPEC challenges Nigerian President Tinubu's claim of increased oil production, highlighting differences in reported figures.

NUPRC Sets Sights on Below $20/Barrel Production Cost in 2024 Amid Falling Oil Output

NUPRC's ambitious plan aims to lower Nigeria's oil production costs below $20 per barrel and revitalise the industry, targeting increased output.

AITEO Innovates, Aiming Higher Oil Output for Nigeria

Nigeria's oil giant, AITEO, has initiated a unique crude oil transport method. This strategic...

Middle East Conflict Threatens Nigeria’s Oil Revenue and Economy 

The ongoing war between Israel and Hamas could have serious implications for Nigeria’s economy,...

Latest articles

Brain Drain Fears Grow as Nigerian Scientists Exit

Nigeria scientific community warns that rising migration of Nigerian scientists could weaken research capacity and slow innovation if funding and policy reforms stall.

Naira Gains N11 at Official FX Market

The naira strengthened at the official market, gaining N11 as improved liquidity and steady inflows supported confidence in Nigeria currency outlook.

Oil Prices Rise as Supply Risks Keep Markets Alert

Crude oil prices moved higher as traders weighed tightening supplies, geopolitical risks, and steady demand signals across major energy consuming economies worldwide.

Nigerian industrialist Emmanuel Nuel Ojei dies at 74

Emmanuel Nuel Ojei, founder of Nuel Ojei Holdings, has died at 74, ending a business career defined by discipline, mentorship and long term impact.