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Oil Production

Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.

Dino Melaye says INEC has become a department of APC, demands chairman’s exit

Dino Melaye accused Nigeria's electoral commission of operating as an arm of the ruling APC, calling for the chairman's removal over alleged bias.

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...

Tinubu Sacks Kyari and NNPCL Board Over Poor Performance

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

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.

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.

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.

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.

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.

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.

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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Nigeria’s North-East recorded nearly 2,000 IED explosions in seven years, new report reveals

Nearly 2,000 explosive device incidents hit Nigeria's North-East over seven years, with road-planted IEDs accounting for the largest share of attacks throughout the period.

Dino Melaye says INEC has become a department of APC, demands chairman’s exit

Dino Melaye accused Nigeria's electoral commission of operating as an arm of the ruling APC, calling for the chairman's removal over alleged bias.

David Mark leads mass protest at INEC as ADC demands chairman’s resignation over democracy fears

David Mark led opposition figures to INEC's Abuja headquarters Wednesday, demanding the electoral commission chairman's resignation over alleged interference in party affairs

Gunmen kill at least 20 in Niger State, attack miners in Plateau as Kebbi communities burn

Gunmen riding motorbikes swept into Bagna and Erena villages before dawn Tuesday, killing at least 20 people and sending residents fleeing to nearby towns.