The International Monetary Fund has listed measures Nigeria and other oil-producing economies need to put in place to resolve their low crude oil production challenges.
Nigeria’s oil production dropped month-on-month, MoM, by 2 per cent to 1.517 million barrels per day, bpd in March 2023, from 1.547 million bpd recorded
By Emeka Ugwuanyi The Organisation of Petroleum Exporting Countries (OPEC) and its non-OPEC allies have cut oil production further by 1.66 million barrels per day
Nigeria’s oil production output may fall this month over a fresh pipeline explosion, according to findings by our correspondent. A fresh explosion was said to
The Nigeria Employers’ Consultative Association has stated that the country has been losing about $2.5bn monthly for failing to meet the 1.8m barrel per day
The Nigerian Upstream Petroleum Regulatory Commission, on Sunday, revealed that crude oil production in Nigeria rose to 1.235 million barrels per day in December 2022,
Like in previous months, Angola, Algeria and Libya again pushed Nigeria to the fourth position in October, as Africa’s ‘biggest’ oil producer struggles with sundry