The pricing of refined petroleum products at the Dangote Petroleum Refinery has been identified as one of the incentives to ...

There are fears that the naira may go through another round of devaluation as the global crude oil prices, which have ...

Future oil prices depend on how quickly the tariff war ends—fast resolution could aid exporters, while delays risk recession ...

The government needs to implement a policy to ensure all intending exporters are made ready through export readiness assessments and capacity-building programmes to bridge the gaps in their operations ...

The CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has stated that the ...

The global crude oil market continues its turbulent descent, driven largely by the unpredictable tariff regime of former ...

Energy Minister Bahlil Lahadalia said to local media that Indonesia would propose an increase of around $10 billion in its ...

The Nigerian naira has depreciated to N1,600 per U.S. dollar in the official foreign exchange market, marking a significant downturn from its previous rate of N1,569.  This decline highlights ...

Turkey, India, Pakistan, Morocco and much of emerging Europe relying on oil imports are set to see some benefits from lower prices of crude. But oil exporting states including Gulf countries, Nigeria, ...

A severe drop in crude oil prices, linked to U.S. President Donald Trump’s tariffs, is straining the budgets of oil-exporting emerging markets, while importers may see limited benefits. Key exporting ...

little of Nigeria’s oil and gas has been refined domestically, “so this is probably an area where value can be added to Nigeria’s exports, and relatively easily”, according to Lauren ...

A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown could ...