Nigeria generated $35.64bn from exports in the first half of 2026, representing a 23.7 per cent increase compared with the $28.82bn recorded during the corresponding...
Nigeria recorded N998.50bn in petrol export earnings during the first six months of 2026, as increased production from the Dangote Petroleum Refinery helped transform the...
Crude oil imports recorded through Lagos Ports declined by 38.6 per cent in September 2026, with 1,470,109 metric tonnes imported during the month, compared with...
Oil marketers have indicated that petrol and other petroleum-product prices in Nigeria could rise following a sharp increase in international crude oil prices, with major...
The Nigeria Labour Congress (NLC) has criticised the latest increase in the price of Premium Motor Spirit, popularly known as petrol, describing the development as...
Crude oil imports by Nigeria’s domestic refineries surged by 151.5 per cent in July 2026, reaching 5.13 million barrels, up from 2.04 million barrels in...
The Federal Government has introduced an automated crude oil trading platform designed to connect regulators, crude oil producers, refineries and oil marketers in a single...
Nigeria earned an estimated N24.02 trillion from crude oil exports in the first six months of 2026, with higher international oil prices significantly increasing the...
The Federal Government’s earnings from crude oil exports declined by 14.41 percent to $31.54 billion in 2025, down from $36.85 billion recorded in the corresponding...