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 ...

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 ...

Nigeria is working with other petrostates and oil-producing countries to explore initiatives towards reversing consistent crash in oil prices which is threatening economies of oil dependent economies.

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 ...

Saudi Arabia is one of the world’s leading oil producers and exporters. Its major oil fields include the Ghawar Field, the world’s largest onshore oil field, and the Safaniya Field, the largest ...

Nigeria’s crude oil production declined from 98% of the Organisation of Petroleum Exporting Countries (OPEC) quota of February 2025 to 93% of the quota in March 2025. In its document titled ...

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 ...

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 ...

RIYADH, April 9 (Xinhua) -- Saudi Arabia announced on Wednesday the discovery of 14 new oil and natural gas fields and reservoirs in the Eastern Province and the Empty Quarter desert region. Saudi ...

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 ...