Despite remaining Africa's largest producer of crude oil, Nigeria only reaps a meagre 5 per cent of the total revenue ...

The Dangote Petroleum Refinery is constructing eight new storage tanks with a combined capacity of 6.3 million barrels of ...

Armed Forces of Nigeria have neutralized 109 terrorists, arrested 81 suspects, and rescued 43 hostages across the various ...

Crop production, trade and real estate have emerged as the largest contributors to the economy, displacing crude, in the ...

The Nigerian energy sector will witness significant developments in the first quarter (Q1) of 2025, a new report by the Society of Energy Editors (SEE) has revealed.

Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The Dangote Petroleum Refinery is increasing its crude oil storage capacity by 1 billion litres, equivalent to approximately ...

Troops of the Armed Forces of Nigeria have in the last one week, neutralised 109 terrorists, apprehended 81 suspects and rescued 43 kidnapped ...

Igbokoda, Ondo State, have dismantled nine illegal refineries in the Ilaje Local Council of the state. One of the illegal refining sites, yesterday. Men of the Nigerian Navy Forward Operating Base ...

Nigeria’s statistical agency on Thursday said it will add illegal and hidden economic activities while calculating the GDP of ...

Nigeria's Armed Forces has dropped to 39th in the 2024 Global Firepower (GFP) rankings globally. This marks the third consecutive decline after being ranked 36th in 2023 and 35th in 2022.