5 h. ago Agriculture remains Nigeria’s strategic route to growth–LCCI

Tribune Online Agriculture remains Nigeria’s strategic route to growth–LCCI The Lagos Chambers of Commerce and Industry (LCCI) has emphasised that Nigeria cannot afford to rely on crude oil as the anchor of the economy in this century, and that agriculture remains Nigeria’s most strategic pathway to diversification, job creation, poverty reduction, and inclusive growth. Gabriel Idahosa, President/Chairman of Council, Lagos Chamber of Commerce and […] Agriculture remains Nigeria’s strategic route to growth–LCCI Tribune Online

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16 h. ago Bonny Light Sells Below FG’s Benchmark As OPEC+ Hikes Production

Nigeria’s 2025 budget depends on an expected crude oil price of $75 per barrel, with production set at 2.06 million barrels per day. The post Bonny Light Sells Below FG’s Benchmark As OPEC+ Hikes Production appeared first on Channels Television.

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2 d. ago Production Sharing Contract And Nigeria’s Pursuit Of Increased Crude Oil Production

Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s crude oil output by one million barrels per day, over a 12 to 24-month period. When the Commission’s Chief Executive, Engr. Gbenga Komolafe made this proclamation, those acquainted with the country’s oil and gas industry […]

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2 d. ago Why India’s return to buying Nigerian crude oil is good for Africa’s top producer

The tender from India for thr purchase of a large stock of Nigerian crude oil could be the beginning of read more Why India’s return to buying Nigerian crude oil is good for Africa’s top producer

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1 week ago Nigeria faces new pressure as South Korea locks $100bn US energy deal

Tribune Online Nigeria faces new pressure as South Korea locks $100bn US energy deal Nigeria’s crude oil exports to Asia may face increased competition following South Korea’s $100 billion commitment to purchase US energy over the next four years, a deal sealed during President Lee Jae-myung’s state visit to Washington. South Korea is already the largest Asian buyer of US crude, with imports currently at 460,000–470,000 barrels per day—a […] Nigeria faces new pressure as South Korea locks $100bn US energy deal Tribune Online

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1 week ago Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari

Nigeria premised its 2025 national budget on a crude oil production of 2.06 million barrels per day and $75 per barrel oil price. The post Nigeria’s Pipelines, Terminals Crude Oil Receipts Nears 100% — Ojulari appeared first on Channels Television.

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1 week ago Nigeria’s Pipelines, Terminals Crude Oil Receipts Near 100% — Ojulari

Nigeria premised its 2025 national budget on a crude oil production of 2.06 million barrels per day and $75 per barrel oil price. The post Nigeria’s Pipelines, Terminals Crude Oil Receipts Near 100% — Ojulari appeared first on Channels Television.

Politics

1 week ago Forcados, Bonny Terminals Boost Oil Output To 1.71 million bpd

Nigeria’s crude oil output has increased by 9.9 per cent in July 2025, averaging 1.71 million barrels of oil per day (bopd). This figure comprises 1.507 million bopd of crude oil and 204,864 bopd of condensates. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in its July Production data report released on Monday, showed that operations […]

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2 w. ago Nigeria sets 2026 oil output target at 2.5m barrels daily – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country is on track to achieve a crude oil production target read more Nigeria sets 2026 oil output target at 2.5m barrels daily – NUPRC

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2 w. ago How Nigeria’s crude oil production was increased to 1.8 mbpd —NUPRC

Tribune Online How Nigeria’s crude oil production was increased to 1.8 mbpd —NUPRC "Assets and infrastructure are vital, but it is human that unlocks their value. The future of Nigeria's oil and gas industry will therefore depend not only on the size of our reserves, but on the skills and competencies of our people. How Nigeria’s crude oil production was increased to 1.8 mbpd —NUPRC Tribune Online

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3 w. ago Nigeria’s oil production nears 1.83mbpd, targets 2.5mbpd by 2026

Nigeria’s oil sector is showing signs of renewed momentum as crude production edges closer to 1.83 million barrels per day read more Nigeria’s oil production nears 1.83mbpd, targets 2.5mbpd by 2026

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3 w. ago Nigeria’s crude output hits 1.5mbpd in July, exceeds OPEC quota for second month

Nigeria’s crude oil production averaged 1.507 million barrels per day (bpd) in July 2025, exceeding its Organisation of the Petroleum read more Nigeria’s crude output hits 1.5mbpd in July, exceeds OPEC quota for second month

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