back to top

crude oil

Business and Economy

Nigeria’s excess crude account rises slightly to $535,823

NIGERIA's excess crude account (ECA) balance stood at $535,823.39 as of August this year, the Accountant-General of the Federation ...
Ehime ALEX -
Oil and Gas

Nigeria oil production falls to 1,453 million barrels per day-OPEC

NIGERIA’s average daily crude oil output fell to 1,453 million barrels per day (bpd) in May, below the Organisation...
Ehime ALEX -
- Advertisement -
Oil and Gas

OPEC quota rises, crude oil price to impact Nigeria’s 2025 budget

PLAN by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, to increase crude oil output, coupled...
Ehime ALEX -
Oil and Gas

Nigeria’s crude oil production in January exceeds OPEC’s quota

NIGERIA's average daily crude oil production increased significantly to 1.539 million barrels per day (bpd) in January, exceeding the...
Ehime ALEX -
- Advertisement -
Oil and Gas

Dangote Refinery eyes full capacity operations in March

THE Dangote Refinery currently operating at 85 per cent capacity could begin operating at full capacity in 30 days. The...
Ehime ALEX -
Oil and Gas

Dangote struggles for adequate crude supplies despite naira-for-crude

THE vice president of Dangote Industries Limited, Edwin Devakumar, has disclosed that Dangote Refinery and other local refiners are...
Nurudeen AKEWUSHOLA -
- Advertisement -
123...6Page 1 of 6

Support the ICIR

We need your support to produce excellent journalism at all times.

Donate
- Advertisement

Recent