Nigeria

Nigeria, a country with abundant oil and gas resources, is facing a chronic power crisis that affects millions of its citizens. The national grid is unreliable and insufficient, forcing many …

The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil …

For the first time since 2022, the Qua Iboe, a renowned Nigerian crude variant, has witnessed its price soar past $100 per barrel. This noteworthy surge stems from a continuing …

Nigeria, Africa’s largest oil producer, has seen a sharp decline in its petrol imports in the second quarter of 2023, following the removal of the controversial fuel subsidy that had …