Nigerian economy

Nigeria’s removal of fuel subsidies raises fuel costs, sparking public protests and challenges for policymakers

Ngozi Okonjo-Iweala demands immediate action against crude oil theft in Nigeria, urging the use of technology to protect national assets.

President Tinubu approves the use of NNPC dividends for a petrol subsidy to provide relief from rising fuel prices in Nigeria.

Nigeria ends the oil-for-naira market, adopting a transparent system for crude oil sales. The reform aims to improve transparency and attract investment in the oil sector

Nigeria’s oil production falls short of OPEC targets in 2023, with a significant 40 million barrel deficit in Q4.

German Government’s Development Bank, KFW, infuses €25 million into Nigeria’s MSMEs and renewable energy sectors.

Two years into the enactment of Nigeria’s Petroleum Industry Act (PIA), the anticipated benefits for the oil and gas sector and the broader economy remain unrealized. Political interference and selective …

Masters Energy Oil and Gas Limited forges ahead with a bold $500 million investment in Nigeria’s gas infrastructure, highlighting a robust plan to enhance storage and distribution capacities across the …