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crude oil

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Crude oil price plunges 47 percent below Nigeria’s $57 per barrel benchmark

International crude oil price on Monday plunged to $30,  a 47 per cent decline against the $57 benchmark for...
Paul Owolabi -
Data Stories

ANALYSIS: Nigeria’s massive data poverty and why we should be concerned

NIGERIA is the world's 13th largest oil producer and President Muhammadu Buhari re-affirmed in his latest Independence Day address...
'Kunle ADEBAJO -
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Featured News

How Nigeria may exhaust her untapped oil reserves in 59 years, or earlier

ENDING half a century of unproductive exploration, in 1956, Nigeria discovered oil in commercial quantities in the Niger Delta....
'Kunle ADEBAJO -
Featured News

Ship forfeited to FG for illegally importing petroleum spotted at Elegushi discharging fuel into tankers

AN oil vessel, which was ordered to be forfeited to the federal government two years ago, has been spotted...
'Kunle ADEBAJO -
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News

Petrol subsidy is the surest way for Nigeria to go bankrupt, says Sanusi

As a professional risk manager, I have never seen a policy that is so guaranteed to bankrupt anyone as this (petrol subsidy) policy.
Kingsley OBIEJESI -
Featured News

Fuel pump price could rise as int’l crude oil price reaches 3-year high

  Donald Trump’s withdrawal from the Iran Nuclear deal immediately triggered a rapid increase in the price of crude oil...
Kingsley OBIEJESI -
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