Nigeria to host international petroleum summit in 2018-Osibanjo

Nigeria will from February 2018 begin to host a yearly international petroleum summit in Abuja, Acting…

Barkindo says Nigeria has no plan to exceed oil output target

OPEC Secretary-General Mohammad Barkindo said on Monday Nigeria has no intention of going beyond its oil…

Nigeria missed opportunity to be a great economy, says Emefiele

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, on Saturday said Nigeria missed the opportunity of being…

Britain to invest in Nigeria’s pipeline, gas and power

The British Government has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and…

Nigeria to export 400 locally made vehicles to Mali 

The Charge‘d Affair of Nigeria in Mali, Yara Abdulsalam, says an indigenous motor manufacturing company, Innoson…

West Africa Crude: Programmes clear on strong refinery margins

Cargoes began to clear quickly, with just 15 September-loading Angolan left the same week the programme…

Nigeria to export 400 locally made vehicles to Mali

The Charge‘d Affair of Nigeria in Mali, Yara Abdulsalam, says an indigenous motor manufacturing company, Innoson…

Oil falls on report showing OPEC deal compliance falling in July

Oil prices fell on Friday after a consultancy report forecast a rise in OPEC production for…

Nigeria hits 2.2m barrels per day

Nigeria’s crude oil production yesterday hit 2.2million barrels per day, according to the Group Managing Director…

Strong gasoline demand lifts oil, but high OPEC supplies temper gains

Oil rose on Wednesday, supported by strong demand for gasoline, but rising output from OPEC producers…

Nigeria eyes top 16 major economies in the world

The Acting President, Prof. Yemi Osinbajo, has said that Nigeria is fast moving toward becoming one…

All of Nigeria’s oil savings can’t fund 20% of 2017 budget-NEITI

Nigeria Extractive Industry Transparency Initiative (NEITI) says all of the country’s oil savings since the inception…