Now, the Niger Delta Development Commission (NDDC) seems to come to the rescue. The Commission has concluded arrangements to ...

The Dangote Refinery has crashed petrol prices from N950 to N890 per litre following the fall in global crude oil prices. The refinery said the move other costs.

However, Dangote Petroleum Refinery said the price reduction was based on developments in the global oil market, adding that ...

Shell Nigeria on Tuesday, reported an oil spill from its facility in Ogale, close to Port Harcourt, following the overflow ...

The price of crude oil, including Nigeria’s Bonny Light, a major feedstock, dropped to $75.67 per barrel, from over $80 per barrel in the international market. However, Dangote Petroleum ...

Nigeria is the home of the famous Bonny Light crude, a light-sweet crude oil grade produced at the Bonny oil hub and an important benchmark crude for all West African crude production. Bonny Light ...

A study by Rand Merchant Bank (RMB), a member of FirstRand Group, says Nigeria’s gross domestic product (GDP) could slip to 0.8 per cent (a pace not seen since 2021) this year.

Nigeria is the home of the famous Bonny Light crude, a light-sweet crude oil grade produced at the Bonny oil hub and an important benchmark crude for all West African crude production. Bonny Light ...

This was even as prices of oil, including Nigeria's Bonny Light dropped to $80 per barrel from $83 per barrel, yesterday, as traders await U.S. President-elect Donald Trump's inauguration in the ...