A continued shortfall in crude oil supply to domestic refiners has kept the capacity utilisation of refineries at just 57.8 per cent, leaving over 42 per cent of Nigeria’s installed refining capacity ...
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...
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 ...
The Nigerian National Petroleum Company Limited has initiated fresh negotiations with the Dangote Petroleum Refinery over the renewal of the naira-for-crude agreement, as talks are underway in anticip...
