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Nigeria Economy

  • In the News

    Brent Crude Oil Prices Fall Below $70, Pressuring Global Economies

    by Adenike Adeodun September 12, 2024
    by Adenike Adeodun September 12, 2024

    Brent crude falls below $70, adding pressure on Nigeria’s economy and currency while raising hopes for lower petrol prices.

  • In the News

    Nigeria’s Oil Surveillance Contracts Spark Controversy

    by Motoni Olodun August 26, 2024
    by Motoni Olodun August 26, 2024

    Nigeria’s multimillion-dollar oil surveillance contracts have sparked controversy, raising questions about transparency and potential duplication.

  • AnalysisIn the News

    IMF Recommends Ending Costly Fuel, Electricity Subsidies

    by Ikeoluwa Juliana Ogungbangbe February 15, 2024
    by Ikeoluwa Juliana Ogungbangbe February 15, 2024

    The IMF advises Nigeria to eliminate fuel and electricity subsidies, aiming to boost economic health and ensure sustainable growth.

  • In the NewsOil & Gas

    Nigeria Incurs $13.5bn Loss from Oil Production Shortfall in 10 Months

    by Adenike Adeodun November 21, 2023
    by Adenike Adeodun November 21, 2023

    Nigeria has faced a significant setback in its crude oil production, failing to meet its Organisation of Petroleum Exporting Countries (OPEC) quota and resulting in an estimated loss of $13.5 …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

PANDEF Seeks Overhaul of Petroleum Industry Act
Dangote Refinery Deepens Rift with PENGASSAN as Salaries of Redeployed Engineers Are Halted

Latest Stories

PANDEF Seeks Overhaul of Petroleum Industry Act
Dangote Refinery Deepens Rift with PENGASSAN as Salaries of...
Emadeb’s First Oil from Ibom Field Sets Stage for...

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