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  1. More Woes for Nigeria as Oil Production Declines, Threatening 2024 Budget

    Nigeria More Woes for Nigeria as Oil Production Declines, Threatening 2024 Budget

    Amidst ongoing efforts by the federal government to bolster Nigeria's oil production, recent data reveals a concerning downturn. According to the Organisation of Petroleum Exporting Countries (OPEC) March Monthly Oil Market Report (MOMR), Nigeria's oil output, excluding condensate, experienced a...
    • Nigeria News
    • Article
    • 1 min read
    • 2024 budget nigeria oil production opec opec report
    • Category: Business
  2. OPEC and Nigerian Government at Odds Over Country's Crude Oil Production

    Nigeria OPEC and Nigerian Government at Odds Over Country's Crude Oil Production

    The Federal Government of Nigeria and the Organization of the Petroleum Exporting Countries (OPEC) find themselves in disagreement regarding Nigeria's crude oil production levels. While Wale Edun, Nigeria's Minister of Finance, asserts that the country's daily oil output has surged to 1.65...
    • Nigeria News
    • Article
    • 1 min read
    • finance minister nigeria crude oil production oil market report opec wale edun
    • Category: Business
  3. Nigerians Confused by Dangote Refinery's Decision to Import Crude Oil From the United States

    Nigeria Nigerians Confused by Dangote Refinery's Decision to Import Crude Oil From the United States

    Dangote Refinery is set to import crude oil from the United States, a groundbreaking departure from its traditional reliance on Nigerian feedstock. According to reports from Bloomberg, traders familiar with the matter revealed that Trafigura Group has secured a deal to supply 2 million barrels...
    • Nigeria News
    • Article
    • 2 min read
    • dangote refinery global oil market niger delta nigeria oil production oil supply opec us crude wti midland
    • Category: Business
  4. Nigeria Targets 1.5M bpd Oil Production by 2024, OPEC Predicts

    Nigeria Nigeria Targets 1.5M bpd Oil Production by 2024, OPEC Predicts

    The Organisation of the Petroleum Exporting Countries (OPEC) has announced that Nigeria has the potential to reach a significant oil production quota of 1.5 million barrels per day (bpd) in 2024. This disclosure came during the 36th OPEC and non-OPEC ministerial meeting held on Thursday. As...
    • Nigeria News
    • Article
    • 1 min read
    • oil production in nigeria opec premium times
    • Category: Business
  5. Nigeria's Economy Takes a Hit: N8.7 Trillion Lost in 8 Months Over OPEC Quota Shortfall

    Nigeria Nigeria's Economy Takes a Hit: N8.7 Trillion Lost in 8 Months Over OPEC Quota Shortfall

    Nigeria has encountered a substantial revenue loss of over N8.7 trillion ($21 billion) from January to August 2023 due to its inability to meet its allocated quota by the Organization of Petroleum Exporting Countries (OPEC). This unfortunate situation has transpired at a time when Nigeria is...
  6. Nigeria News

    Business NNPCL Secures $3 Billion Crude Oil Loan to Stabilize Naira

    NNPC Limited announced on Wednesday that it has finalized a Commitment Letter and Term Sheet agreement with AfreximBank for an emergency $3 billion crude oil repayment loan. The signing took place at AfreximBank's headquarters in Cairo, Egypt. In a statement provided to Vanguard newspaper, NNPC...
  7. K

    Business Nigeria’s oil output under Buhari lowest since 1999 - Businessday

    https://businessday.ng/amp/news/article/nigerias-oil-output-under-buhari-lowest-since-1999/
  8. Nigeria News

    Politics OPEC+ Cuts Nigeria’s Oil Production, FG Gives Reasons - Channels Tv

    https://www.channelstv.com/2022/10/19/opec-cuts-nigerias-oil-production-fg-gives-reasons/
  9. K

    Business OPEC raises Nigeria’s oil quota for September - Premium Times Nigeria

    https://www.premiumtimesng.com/news/top-news/546776-opec-raises-nigerias-oil-quota-for-september.html
  10. Nigeria News

    Metro BREAKING: OPEC Secretary General, Muhammad Barkindo dies hours after visiting Buhari - The Witness

    https://witnessngr.com/breaking-opec-secretary-general-muhammad-barkindo-dies-hours-after-visiting-buhari/
  11. C

    Business Oil price hits two-year-high at $70.20/barrel – New Telegraph

    https://www.newtelegraphng.com/oil-price-hits-two-year-high-at-70-20-barrel/
  12. C

    Business Oil Price May Hit $70 Per Barrel By Mid 2021 – Leadership Newspaper

    https://leadership.ng/oil-price-may-hit-70-per-barrel-by-mid-2021/
  13. C

    Business OPEC, Allies To Meet To Thrash Out Cuts Deal – Channels Television

    https://www.channelstv.com/2020/12/03/opec-allies-to-meet-to-thrash-out-cuts-deal/
  14. C

    Business VIDEO: Oil market records slow recovery as OPEC puts conformity at 97% – Vanguard News

    https://www.vanguardngr.com/2020/08/video-oil-market-records-slow-recovery-as-opec-puts-conformity-at-97/
    • Chinedu Iroka
    • Thread
    • hrh prince abdul aziz bin salman joint ministerial monitoring committee opec vanguard news
    • Replies: 0
    • Forum: Business News Links
  15. C

    Business Nigeria’s fuel import gulps N95.25trn in five years – New Telegraph

    https://www.newtelegraphng.com/nigerias-fuel-import-gulps-n95-25trn-in-five-years/
  16. Nigeria News

    Business Nigeria Earned $206bn From Oil In Five Years – OPEC - Punch Newspaper

    https://www.google.com/amp/s/punchng.com/nigeria-earned-206bn-from-oil-in-five-years-opec/%3famp=1
  17. C

    Business OPEC agrees on production cut, may force Nigeria others to comply – The Guardian Nigeria News

    https://guardian.ng/news/opec-agrees-on-production-cut-may-force-nigeria-others-to-comply/
  18. K

    Metro Buhari nominates Okonjo-Iweala as DG World Trade Organization – Nairametrics Nigeria News

    https://nairametrics.com/2020/06/05/buhari-nominates-okonjo-iweala-as-dg-world-trade-organization/
  19. K

    Business Market Optimism Push Oil Price Near $40 A Barrel – Leadership Nigeria News

    https://leadership.ng/2020/06/04/market-optimism-push-oil-price-near-40-a-barrel/
  20. C

    Business Oil prices edge down as wary traders eye upcoming OPEC+ meeting – Vanguard News

    https://www.vanguardngr.com/2020/06/oil-prices-edge-down-as-wary-traders-eye-upcoming-opec-meeting/

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