NNPC BEGINS CRUDE OIL EXPLORATION IN NIGER, KWARA, KOGI

The Nigeria National Petroleum Corporation (NNPC) on Wednesday said it has commenced crude oil exploration along the Bida Basin spreading across eight local government councils of Niger state, two in…

PRICE SLUMP: NIGERIA’S BONNY LIGHT CRUDE OIL SELLS BELOW 10 DOLLARS PER BARREL

By Emeka Ugwuanyi Nigeria’s premium grade, Bonny Light may continue to sell below $10 per barrel due to big discount on prices as oil demand continues to decline following a…

DANGOTE TO BEGIN CRUDE OIL PRODUCTION BY JULY

The President, Dangote Industries Limited, Aliko Dangote, will begin oil production in July from two assets he acquired from Royal Dutch Shell Plc. Dangote, Africa’s richest man, is working with…