Tuesday, 31st January 2023
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Breaking News:

Crude oil

26 Oct
Nigeria, once a leading crude oil producer in Africa with close to two million barrels per day production is struggling to keep up despite the passage of the Petroleum Industry Act.
17 Oct
Senior lawyer and human rights activist, Femi Falana, has described the recent burning of a crude oil laden vessel by soldiers as “a deliberate attempt to cover up the involvement of military personnel in the serious crime of oil theft.”
18 Sep
Lagos State Government has assured of its support to promote the export of locally-made goods, in a bid to reduce the nation’s dependency on crude oil.
17 Aug
Bayelsa State Police Command has arrested and paraded five notorious pipeline vandals, who specilised in breaking and damaging crude oil pipelines for illegal oil bunkering activities
31 Jul 2022
In 2001, I attended the national council on power when the late Olusegun Agagu was Minister of Power, this was during the Olusegun Obasanjo administration, Danjuma Goje was Minister of State for Power,...
21 Jul 2022
Stakeholders unanimously called for support of Nigeria’s non-oil export sector, yesterday, at the seventh Annual Edition of the Zenith Bank International Trade Seminar, themed: ‘Unlocking Opportunities in Nigeria’s Non-Oil Export Business.’
20 Jul 2022
The Nigeria Employers’ Consultative Association (NECA) has expressed concerns that losses from daily crude oil theft, alongside a corrupt and inefficient ports system, continue to undermine the country’s revenue
23 Jun 2022
A Professor of economics, Perekunah Bright Eregha, has advised the Federal Government to adequately invest in education and make funding the sector a priority
15 Jun 2022
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six countries increased their crude oil output while seven countries declined in production.
3 Jun 2022
Despite the contributions of cocoa to Nigeria’s economy and its potential to do better through higher production, value chain development, local consumption and export
6 May 2022
In the first four months of this year, data from the Nigerian National Petroleum Company Limited showed that Nigeria was losing about 250, 000 barrels per day of crude oil to theft.
27 Apr 2022
Projected demand drop of over 1.4 million barrels per day of crude oil at the international market may provide brief succour for Nigeria’s economy, which has been gasping for breath


2 hours ago
The Peoples Democratic Party (PDP) has condemned the attack on President Muhammadu Buhari on Monday in Kano State by miscreants.
2 hours ago
Dr Josef Onoh is the southeast spokesman of the All Progressives Congress (APC) Presidential candidate, Senator Bola Ahmed Tinubu. Still a member of the Peoples Democratic Party (PDP) where he aspired for the 2023 gubernatorial bid in Enugu state. He was in the Enugu state House of Assembly during the Dr Chimaroke Nnamani's leadership of…
2 hours ago
The FCT Police Command has moved against scavengers perpetrating criminal activities within the seat of power.
2 hours ago
Human Rights Writers Association of Nigeria, (HURIWA), on Monday, said that the existing severe scarcity of newly introduced Naira notes in most banks across Nigeria is a huge threat to national security.
2 hours ago
Federal Capital Territory (FCT) Minister, Muhammad Musa Bello, assured on Monday that the Abuja Light Rail would resume service before the end of this administration in May.