The new directors of NNPCL appointed by President Bola Tinubu last week have been widely welcomed by Nigeria’s oil industry chieftains and analysts for their cognate experience and impressive private ...
The Federal Government, Wednesday assured Nigerians that the Crude-for-Naira initiative will continue for as long as it aligns with public interest and supports the national economy. The assurance fol...
Nigeria’s economic outlook for 2025 has come under increasing strain as tumbling global oil prices and a shortfall in crude oil production threaten the revenue projections underpinning the nation’s bu...
Over 75 per cent of the 1.9 billion barrels of crude oil produced in Nigeria and other African countries in 2024, translating to 1.4 billion barrels was exported to Europe and other continents at the ...
Arise Business Analyst discussed the leadership shakeup at the NNPC Limited and the release of Net FX reserves from the Central Bank of Nigeria. Watch full video and share your thoughts in the comment...
The federal government has called on major oil companies operating in the country to reciprocate its efforts in enhancing the investment climate by committing tangible investments to the sector. This ...
The Central Bank of Nigeria (CBN) has announced a comprehensive review of the allocation of terminals to Pre-Shipment Inspection Agents (PIAs) and their oversight by Monitoring and Evaluation Agents (...
The federal government is set to introduce a new crude grade, medium sweet Obodo, which is projected to hit the market in April in a move by the Government to sustain its crude offering. Obodo has a g...
When a state of emergency was declared in parts of Nigeria in 2013, Bola Tinubu, then a fiery opposition leader, was apoplectic. He condemned the declaration by former President Goodluck Jon...
The refinery announced in a statement on Tuesday. Citing data from Kpler, a ship tracking service, another vessel, Hafnia Andromeda, is set to arrive at the Everglades terminal, one of the US ports, o...
