OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
NEPC and FMITI host a webinar to unlock UAE market prospects for Nigerian exporters, aiming to bridge a $1.5 billion trade deficit and boost non-oil exports.
Kano Free Trade Zone reports N18.8 billion revenue from Jan-Oct 2025, signaling growth in Nigeria's non-oil sector. Discover how this achievement boosts economic diversification.
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
Nigeria achieves international accreditation milestone as NINAS recognition enables export certificates acceptance in 140+ countries, saving millions in forex and boosting MSMEs.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Discover how Tems transformed from Lagos rebel producer to global music icon with $5 million net worth in 2025. Explore her revenue streams and career milestones.
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
United States removes 15% tariff on Ghana's cocoa and agricultural exports, set to generate $60 million additional annual revenue for Ghana's economy. Read full details.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
United States removes 15% tariff on Ghana's cocoa and farm exports, set to generate $60 million additional revenue annually. Major diplomatic win for Ghana-US relations.
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
A UK-Nigeria trade mission has launched in Abuja to empower women-led businesses and boost non-oil exports. Discover how this initiative creates new opportunities.
Nigeria, world's largest cassava producer, plans policy to transform raw cassava exports into high-value industrial products like starch, ethanol and animal feed.
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
International Trade Centre reveals Nigeria's $3.9 billion untapped export opportunities in cocoa, cashew, coffee. Discover how Nigeria can boost forex earnings.
Switzerland's economy contracted by 0.5% in Q3 2025 due to high US tariffs, but recent deal lowers rates to 15% and brings $200 billion investment. Read the full analysis.
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
Switzerland's economy minister Guy Parmelin returns to Washington seeking relief from 39% US tariffs threatening Swiss exports. Negotiations continue as watchmakers lobby Trump.
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.