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Nigeria could raise its crude oil production by approximately 100,000 barrels per day over the next few months, the Group Chief Executive Officer of the Nigerian National Petroleum Company, Bashir Bayo Ojulari, has said, as the country…
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Nigeria recorded a 21% growth in gas exports in 2025, rising to $10.51 billion from $8.66 billion recorded in 2024. This is according to the latest Balance of Payments (BOP) report released by the Central Bank of Nigeria (CBN). The…
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Niger Delta stakeholders, under the aegis of Niger Delta Congress, NDC, have called for an immediate, thorough and independent forensic audit of the pipeline protection contract initiated by the Federal Government. The contract,…
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*Checks on Monday showed that NNPC filling stations in Abuja and environs hiked their petrol price at the weekend to N1,367 per liter, up from N1,261 The Nigerian National Petroleum Company Limited retail outlets have raised their…
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KEY POINTS Brent Crude reached $102.83/bbl as of March 17, 2026, while the JKM gas benchmark surged to $19.28/mmBtu due to the US-Israel-Iran conflict The shock threatens to reverse an 11-month disinflation trend that saw…
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The Nigerian Naira maintained a steady path against the United States Dollar at the start of the new trading week, as activities in the Nigerian Foreign Exchange Market (NFEM) and the parallel market reflect the ongoing impact of…
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In a recent interview shared by Arise News, Senior Partner at SPM Professionals, Paul Alaje, has warned of potential increases in fuel prices if global oil trends continue upward. Speaking on the implications of rising crude oil…
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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the 5-Star Radisson Hotel and Conference Centre, Yenagoa, Bayelsa State, would be…
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*BoP drops to $4.23bn as FPI slumps 48% Nigeria’s external sector is showing signs of structural strain as capital flow dynamics shift, with a steep drop in foreign portfolio investment (FPI) and rising external outflows reshaping…
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A file photo: Ikenga Ugochinyere The House of Representatives Committee on Petroleum Resources (Downstream) has raised fresh concerns over a potential return of fuel scarcity across Nigeria, warning that petrol queues and a spike in…
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