OPEC+ announces a 137,000 barrels-per-day increase in oil output starting November 2025, with Saudi Arabia, Russia, UAE, and other allies aiming to stabilize the global market...
Shortly after taking office in January Trump called on Saudi Arabia, which heads the cartel, to up production in order to bring prices down.
The OPEC report noted that the Dangote Refinery, at 650,000 barrels per day, bpd capacity, is 246,00bpd more than Shell’s Pernis refinery in the Netherlands. Also,...
In its just-released January 2024 Monthly Oil Market Report (MOMR), obtained by Vanguard, the organization disclosed that this was based on data obtained from secondary sources.
Shell is not alone as these attacks have also caused other IoCs, including ExxonMobil and Eni to divest their land and swamp oil and gas to...
The Dangote Oil Refinery has the capacity to meet demand in the Nigerian and West African markets, with a processing capacity of 650,000 bpd.
According to the January 2024 MOMR, Nigeria remains the highest African oil-producing and exporting nation while Equatorial Guinea comes last with only 55,000 bpd.
“Angola’s stated production plan for 2024 is subject to verification by the three abovementioned sources by the next ordinary ONOMM to be held by the end...
A month later, Riyadh announced it was to take a further one million barrels off the market, a decision extended month by month until the end...
Although the Gasoline Associates Integrated International Refinery Project was licensed for 100,000 BPD, it will have the capacity for increased output with the goal of reaching...
He would take Abraham to the land being occupied by very powerful, unconquerable nations and tell him to look and...
While external military intervention is often considered vital during crises, achieving lasting peace requires a comprehensive approach that extends far...
I write this with no allegiance to any sect or Islamic school of thought. I am writing because Nigeria may...
Psychologically, this reform carries profound meaning. For decades, many civil servants have relied on office chapels and mosques as emotional...
So, is Nigeria economically broke? The uncomfortable truth is that Nigeria is not yet bankrupt but it is dangerously close....
Nigeria’s debt challenge is not merely a financial problem but a national test of leadership, accountability, and vision. The country...
In large parts of the country, especially the northern and middle belt regions, violence from armed groups, bandits, and insurgents...
Nigeria’s 2025 CGT reform is a commendable step toward a more equitable and efficient tax system. Aligning CGT with CIT,...
The moment DR Congo scored that winning penalty, I felt something inside me deflate. It wasn’t anger. It wasn’t shock....
Super Eagles captain William Troost-Ekong reflects on Nigeria’s World Cup playoff loss to DR Congo, praising the team’s effort and...
President Bola Tinubu urges the Super Eagles to put their World Cup playoff loss to DR Congo behind them and...
Super Eagles coach Eric Chelle alleges DR Congo used “voodoo” during the penalty shoot-out in the 2026 World Cup qualifying...