According to the latest data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country produced 354.26 million barrels of oil between January and July 2025,...
Prof. Wumi Iledare, a Professor of Petroleum Economics, noted that the geopolitical situation might inject a short-term risk premium into global oil prices.
Director/Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, had said, “The outbreak of war between Israel and Iran...
Obviously, we are not just talking about crude here; we are also talking about its derivatives, which are crucial for local manufacturing production and have export...
Funding of the budget was benchmarked on $75 per barrel and more than two million bpd, including condensate. Also, in its April 2025 Monthly Oil Report,...
Shortly after taking office in January Trump called on Saudi Arabia, which heads the cartel, to up production in order to bring prices down.
Reducing methane emissions, especially in the oil and gas sector, according to experts will strengthen climate action and unlock benefits for public health, food security, and...
The findings showed that major players in Nigeria’s downstream sector would announce a reduction in the prices of Premium Motor Spirit, PMS, also known as petrol.
The Chairman of Heirs Energies Limited, Mr Tony Elumelu, said the oil industry has been able to turn around the season of decline to that of...
The commission reminded producers not to vary the conditions stated in the DCSO policy without obtaining express permission from the chief executive before selling crude outside...
To cut the long story short, President Nixon recalled that interaction with his mother, came to his senses, and used...
I really didn't know what to say, but I just managed to tell her that God loves her more than...
When a man of God speaks, his words often transcend the pulpit. They become national conversations, global soundbites, and spiritual...
Let us pause for a moment to remember these innocent victims, known or unknown, living or dead. In Imo state,...
In September 2024, the Federal Government raised the cost of a standard 32-page passport from ₦35,000 to ₦50,000, while the...
The impact of these reforms is evident in the nation's economic indicators. According to the World Bank, Nigeria's economy grew...
In countries like Norway, Denmark, or even Brazil, welfare programs are effective because they are tied to functioning systems. There...
And let's look at the numbers! The dollar used to skyrocket to ₦1800 when Tinubu took office, but now it's...
World No.1 Aryna Sabalenka returns to the US Open final after defeating Jessica Pegula, while Amanda Anisimova stuns Naomi Osaka...
Lionel Messi netted a brace in Argentina’s 3-0 victory over Venezuela in Buenos Aires, hinting this could be his final...
Germany suffered their first-ever away defeat in a World Cup qualifier, losing 2-0 to Slovakia in Bratislava. Hancko and Strelec...
Euro 2024 champions Spain began their 2026 FIFA World Cup qualifying campaign with a 3-0 win over Bulgaria. Oyarzabal, Cucurella,...