
Adebayo Obajemu According to reports, the price of OPEC basket of thirteen crudes was at $121.54 a barrel on Wednesday, compared with $120.16 the previous day,...
Adebayo Obajemu The ongoing Russian military campaign in Ukraine has further rocked global economy with devastating effect. Apart from the rising food shortages globally as a...

The Organisation of Petroleum Exporting Countries (OPEC) in a recent report said Nigeria has regained the top spot among crude oil producing countries in Africa with...

The Organisation of Petroleum Exporting Countries (OPEC), has said it will make $450bn worth of investments in refinery projects and expansion of existing units in Nigeria...

The Organisation of Petroleum Exporting Countries (OPEC) in its 2021 report on values of petroleum exports and imports of member nations, said that the amount spent...

By RICHARD MAMMAH For those who have eyes to see, the Nigerian polity has finally waltzed its way into a bind. Years of papering over the...
OPEC oil producers and allies such as Russia, a grouping dubbed OPEC+, will on Wednesday meet to review compliance with oil cuts meant to support oil...

By Adebayo Obajemu Nigeria’s biggest indigenous oil production company, Seplat Petroleum Development Company Plc, has stated that OPEC’s extended oil production cuts on Nigeria would result...

Saudi Arabia and Nigeria have reiterated their firm commitment to the Organisation of Petroleum Export Countries and its allies known as OPEC+ agreement. The Minister of...