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Nigeria oil production

Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

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

Nigeria Opens $400m Otakikpo Terminal to Boost Oil Exports

Nigeria commissions a $400 million Otakikpo terminal to expand crude exports, ease evacuation, and boost indigenous participation in the oil sector.

Immigration Officer Pays N2.5m Ransom Before Wife’s Rescue

Immigration officer pays N2.5m ransom before wife’s rescue in Badagry after joint Police and Immigration operation stormed kidnappers’ den.

Nigeria Alarmed as 4,000 Young Women Contract HIV Weekly

The AIDS Healthcare Foundation warns that over 4,000 young women contract HIV weekly, urging urgent action to expand healthcare and education access.

World Bank: 139 Million Nigerians Still Trapped in Poverty

The World Bank urged Nigeria to channel reform gains into real welfare improvements, as 139 million citizens still live in poverty.