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Oil Production

Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Politics

APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.
Business

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...
Business

Tinubu Sacks Kyari and NNPCL Board Over Poor Performance

KEY POINTS The president dismissed Kyari and the NNPCL board members after they demonstrated...
News

Navy Deploys Warships, Helicopters To Boost Oil Production, Maritime Security

The Nigerian Navy has gone ahead to deploy warships and helicopters in a move designed to increase oil production and boost security in the Gulf of Guinea.
News

ExxonMobil’s $10 Billion Investment in Nigeria to Boost Oil Output

ExxonMobil is investing $10 billion in Nigeria’s deepwater oil assets to unlock 180,000 bpd of production, signaling a major boost for the country's oil sector and economy.
News

Tinubu Sets Ambitious Goals: 2 Million BPD Oil, 6GW Electricity, 135M Tonnes Food

Explore Bola Tinubu's ambitious agenda to propel Nigeria's economic sectors of oil, electricity, and agriculture to new heights.
News

Nigeria’s Oil Production Inches Up, But Challenges Remain

Nigeria's oil production edged slightly higher in April 2024, offering a glimmer of hope for the nation's economic prospects. However, this increase falls short of government targets, highlighting persistent challenges that continue to plague the oil sector.
News

Oil Production Boosts Planned for Akwa Ibom State

Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.
News

Nigerian Officials Vow to Crack Down on Oil Theft in Niger Delta

Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.
Business

Homegrown Tech Boosts Nigeria Oil to World Stage

In a bold response to persistent infrastructural deficits, Aiteo, Nigeria's largest independent oil producer,...

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Business

Dangote offers to build East Africa a refinery matching his Lagos plant

Aliko Dangote has offered to build a refinery in Tanzania matching his 650,000-barrel-per-day Lagos plant, with Kenya and Uganda already in talks on the project.
Politics

APC shifts presidential primary to May 23, adopts dual-mode system

The APC has shifted its presidential primary to May 23 and adopted a dual-mode primary system, with nomination forms open to every aspirant.
News

DSS Arraigns El-Rufai Over Alleged Interception of Ribadu’s Phone Conversation

KEY POINTS DSS arraigned Nasir El-Rufai on a five-count charge over alleged phone interception...
Politics

Akpabio backs Tinubu’s $516m superhighway loan, orders one-week review

Senate President Godswill Akpabio has rallied the upper chamber behind Tinubu's $516 million superhighway loan, ordering a committee to conclude its review in one week.