Crude Oil Price Decline May Trigger Reduction in Petrol Costs Across Nigeria
|By Adejumo Adekunle – MEMAN Reports Crude Prices Drop by 7.2% in a Week Brent Crude Falls to $78.01 Per Barrel Amid Exchange Rate Shifts Stakeholders Predict Lower Fuel…
Nigeria’s Crude Oil Revenue Hits N50.88 Trillion in 2024 Amid Currency Depreciation
|By Adejumo Adekunle – NUPRC Confirms Total Oil Production of 566.79 Million Barrels, Including Condensates Statista Reports Average Crude Price at $80.53 Per Barrel in 2024 Oil Revenue Exceeds…
NNPCL Urged to Prioritize Local Refineries in Crude Allocation: Dangote Refinery at Risk
|By Adejumo Adekunle – Civil Society Raises Alarm Over Crude Supply Cuts Concerned Nigerians Demand Federal Intervention Impact of Naira-for-Crude Policy Under Scrutiny The Nigerian National Petroleum Company…
Brent, WTI Prices Start 2025 on a High, Boosting Nigeria’s Budget Prospects
|By Adejumo Adekunle – Global oil prices kicked off the first trading day of 2025 on a positive trajectory, with Brent Crude and West Texas Intermediate (WTI) experiencing slight…
Nigeria’s Inflation to Ease Slightly in 2025 Amid Naira Rebound, CPPE Predicts
|By Adejumo Adekunle – Naira Recovery Expected: CPPE sees reduced exchange rate volatility aiding inflation moderation. Oil Market Boost: Trump’s presidency may drive global oil production and ease energy…
Nigeria is given a target oil output by OPEC of 1.5 million barrels per day.
A 1.5 million barrels per day oil output target has been set for Nigeria by the Organization of Petroleum Exporting Countries (OPEC) for 2024. This occurred after strenuous talks that…
Buhari Appoints Ogbonnaya Orji As NEITI Boss
The President, Major General Muhammadu Buhari (retd.), has approved the appointment of Dr. Ogbonnaya Orji as the Executive Secretary of Nigerian Extractive Industries Transparency Initiative for a single term of…
