Mr Olayemi Cardoso, on Thursday announced plans to establish a Compliance Department by February. Cardoso made the ...

Increased production at Nigerian refineries, particularly Dangote, is reducing the reliance on petrol imports from European ...

The National Bureau of Statistics (NBS) has revealed that Nigeria recorded a favourable trade with the rest of the world as ...

Nigeria is looking to harness advanced technology to boost oil revenue and address its significant budget deficit, Wale Edun, ...

Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to ...

The new sanctions on Russia approved by the outgoing Biden administration on Jan. 10 has shifted the oil market’s psychology, ...

Petroleum marketers in Nigeria have asked the NNPC to revitalise its 21 moribund petroleum depots scattered nationwide to ...

With the transition to the Trump administration, I outline a few issues White Brook is most focused on in the near term. Click here to read more.

Nigeria has emerged from a years-long crude output slump due to improved security, reaching 1.48 million barrels a day last ...

ShareFollowing high price and low production, manufacturers have ordered 475,000 tonnes of crude palm oil valued at N905 billion ($548.6 million) to meet industry demand and consumption in 2025.

ShareAnalysts forecast that Nigeria will need an annual inflow of $100 billion in foreign exchange (FX) to stabilise its ...