
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has described the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order,...

Nigeria’s crude oil and condensate production fell 4 per cent month-on-month to 1.67 million barrels per day in July 2026, although output remained above the country’s...

Nigeria oil production climbed to a six-year high in June 2026, exceeding the country’s Organisation of the Petroleum Exporting Countries (OPEC) quota for the fourth consecutive...

By Olamide Onabanjo As Nigeria’s oil production crashed below the one million barrels per day mark in August, the fiscal woes of the country deepened as...