oil investment

The Natural Resource Governance Institute says NNPC’s heavy oil spending could fail to pay off if the energy transition speeds up, and wants a rethink.

Nigeria’s crude output discrepancy with official figures highlights production challenges, despite being OPEC’s top producer in Africa.

Nigeria requires $7.6 billion to elevate oil output to 2.1 million bpd by 2025, amidst energy sector shifts.