ShareAs the global energy market becomes unstable, India has taken a decision to push its energy drive in Nigeria and other parts of Africa. According to a report by energy chamber.org, India is ...

The African Union says solid geological data is crucial for mining growth. It helps launch exploration programs and cuts investment risks. Nigeria wants to tap into $700 billion in mining resources to ...

Nigeria’s fiscal stability is under pressure as crude oil production plummeted to its lowest level yet in 2025, raising the alarm bells about the country’s ability to fund its national budget and earn ...

Komolafe, highlighting the strategic importance of this revelation. The breakdown indicates that Nigeria’s proven (2P) crude oil reserves stand at 31.44 billion barrels, with an additional 5.84 ...

Delving into the premium formulation of the Absolut Repair 10-in-1 Oil, the presentation also revealed Nigeria as a booming market for the brand with a remarkable 56% growth in the last year.

The naira traded N1,644 per dollar on Wednesday, April 9, 2025, down from N1,615 the previous day The development comes as the Central Bank of Nigeria ... comes as crude oil prices fell to ...

Oil installations at the Dangote refinery during the opening ceremony in Lagos, Nigeria, Monday, May 22, 2023. Caution urged as UK markets bounce back after Trump’s 90-day tariff cooldown 25 ...

Saudi oil firm Aramco (2222.SE), has discovered 14 oil and natural gas fields and reservoirs in the kingdom’s Eastern Region and the Empty Quarter, state news agency SPA said on Wednesday ...

Saudi oil firm Aramco has discovered 14 oil and natural gas fields and reservoirs in the kingdom's Eastern Region and the Empty Quarter, state news agency SPA said on Wednesday, containing small ...

These developments have raised concerns among market participants about the sustainability of current fiscal assumptions, particularly given global economic uncertainties and Nigeria’s overreliance on ...

has made a significant discovery of 14 new oil and natural gas fields and reservoirs within the Kingdom. These discoveries are located in two key areas: the Eastern Region, known for its existing oil ...

This undermined investor confidence, constrained capital inflow into the sector, and left Nigeria’s oil and gas value chain in a state of arrested development. At this critical juncture—where ...