Tag: Oil

Nigerian Firm Walcot Group Secures Major Angolan Oil Deal, Eyes Billion-Barrel Potential

In a move that underscores the growing influence of Nigerian energy companies…

Genesis Obong

DYK: Nigeria’s Energy Vault has 37.28bn Barrels of Oil, 210.54 TCF Gas Declared

Did you know that in a landmark declaration that positions Nigeria as…

Genesis Obong

Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs

The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…

Genesis Obong

Nigeria’s Economy Poised to Weather US Tariff Storm, Analysts Predict Minimal Impact

Despite recent trade policy shifts announced by the United States, economic analysts…

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Bayelsa Communities Issue 14-Day Ultimatum, Threaten Oil Production Shutdown Over Contract Dispute

Nigeria's crucial oil production faces a significant threat as host communities in…

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39 Arrested, 18 Illegal Refineries Destroyed By Soldiers

The Nigerian Army's 6 Division has reported the arrest of 39 suspected…

Oluwadara Akingbohungbe

Fuel Import Surge: 154m Liters Arrive Amidst Price Volatility

A significant influx of imported Premium Motor Spirit (PMS), commonly known as…

Genesis Obong

Petrol Price Hike Looms: Nigeria Braces for N900/L Fuel Costs

Nigerians could soon be paying nearly N900 per litre for petrol, a…

Genesis Obong