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Nigeria oil production

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SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
Business

FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
News

NNPC Unit Lifts Output to New Production High

NNPC E&P Limited hits a record 355,000 barrels a day, marking a major turnaround powered by field upgrades and improved operations.
News

Nigeria’s Oil Output Set to Rise, Regulator Says

Nigeria’s petroleum regulator projects a rise in crude output, citing improved security, revived investments and clearer upstream regulations.
Business

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

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

AITEO Innovates, Aiming Higher Oil Output for Nigeria

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

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,...

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Business

SMEDAN unveils N500m zero-interest fund for MSMEs

SMEDAN has unveiled a N500m zero-interest fund for MSMEs, disbursing it through cooperatives and associations to boost working capital and improve loan recovery nationwide.
Business

FG unveils 2026 push for industrial growth, trade and investment

The Federal Government plans to intensify industrial growth, trade expansion, investment and non-oil exports in 2026, focusing on turning policy into measurable economic outcomes.
News

AfCFTA lifts Nigeria’s intra-African trade by 21 percent to $9.02billion in 2025

Nigeria's intra-African trade rose 21 percent to $9.02bn in 2025, as the AfCFTA unlocked new export markets and lower trade barriers, an Afreximbank report says.
News

Nigeria sets date for next evacuation flight from South Africa

Nigeria's government will return another group of citizens from South Africa on Tuesday, ahead of anti-immigrant protests set to begin June 30.