LONDON — Global stock markets have surged and oil prices have retreated following reports that the US and Iran are close to a preliminary agreement to end...
Tag - #oil
A prominent Nigerian businesswoman has dismissed claims that anti-corruption agents recovered $13m (£10.4m) in cash during a raid on her home, calling the...
A Nigerian advocacy group has welcomed President Bola Tinubu’s approval of new incentives for a $20 billion deepwater project, describing it as a signal that...
Nigeria is accelerating its transition to gas and electric-powered transport as a direct response to the “volatility” of global oil markets...
The United States and Nigeria have vowed to deepen their economic ties, focusing on a major shift toward digital technology and agriculture to drive growth...
The United States has seized two “ghost fleet” oil tankers in the North Atlantic and the Caribbean, in a high-stakes operation supported by the UK...
ABUJA, NIGERIA – The Nigerian government is optimistic about increasing the country’s crude oil output to 2.5 million barrels per day by 2026. The...
Abuja, Nigeria – The Kogi State government is actively seeking investment for the exploration of its oil and gas reserves. Governor Ahmed Usman Ododo met with...
Retail outlets owned by the Nigerian National Petroleum Company Limited (NNPCL) have increased the pump price of petrol in the Federal Capital Territory...
The Nigerian government has officially directed the full implementation of its policy mandating the sale of crude oil and refined petroleum products in the...