Nigeria is losing an estimated $21 million daily as crude oil production remains below its 1.5 million barrels-per-day target set by the ...

Nigeria's oil trade dynamics shifted dramatically in 2025, with crude imports related to the Dangote Refinery reaching $3.74 billion, an...

As the conflict in the Middle East continues to take a significant toll on the world's oil supply, Nigeria's foreign minister has...

Nigeria positions oil sector amid Iran conflict With the Strait of Hormuz partially blocked and oil prices volatile, Nigeria’s Foreign Mi...

Twin sisters Ameena and Zara Indimi have won a $43.51 million court ruling against their father after a long-running fight over unpaid divid...

Nigeria's state oil firm NNPC will begin exporting a new light, sweet crude grade called Cawthorne from March, an NNPC spokesperson said...

Nigeria's state-owned oil company, the Nigerian National Petroleum Company (NNPC), recently revealed its plans to partner with a Chinese...

  More than £2m was spent at Harrods on behalf of a then-Nigerian oil minister accused of accepting bribes from industry figures interested ...

Despite being one of Africa’s top oil producers, Nigeria remains heavily reliant on imported petrol. Even with increased domestic refinin...

Shell plans to invest $20 billion in the Bonga South West deepwater project offshore Nigeria, the special adviser to Nigeria’s president sai...

Nigeria has projected an oil price of about $64 per barrel and production of 1.84 million barrels per day. Analysts say those targets may...

Nigeria booked average daily crude oil production of around 1.5 million barrels for 2025, which was half a million barrels daily lower than ...

Nigeria’s state-owned oil and gas company NNPC this week reported crude oil and condensate production of 1.6 million barrels per day (bpd) ...

Aliko Dangote plans to list his Lagos-area refinery on the Nigerian Exchange next year. He says the initial public offering would allow i...

Nigerian President Bola Tinubu has asked the Senate to confirm two new heads for Nigeria's oil and gas regulators after their predecesso...

  In an interview with the press, Dangote gave an impassioned breakdown of the motives behind listing the $20 billion oil. He noted that he ...

Nigeria’s richest man Aliko Dangote  escalated  his fight with regulators on Sunday, accusing them of enabling cheap fuel imports that threa...

The Dangote Refinery says it reached a deal with Honeywell to increase daily oil production capacity to 1.4 million barrels per day within...

Nigeria has ended plans to impose a 15% import duty on petrol and diesel amid assurances of adequate supply during the year-end holidays, t...

Nigeria has lost $300 billion to oil theft, auditors appointed by the Nigerian parliament said this week. The oil was sold illegally both at...