OBITUARY: Mohammed Barkindo, the 'Stabiliser' who Made Nigeria Proud in Global Energy Community, by Rahma Oladosu   "Life's but a walking shadow, a poor player, That struts and frets his hour upon the stage, And then is heard no more. It is a tale Told by an idiot, full...

You Have Made Nigeria Proud - Buhari Celebrates Outgoing OPEC Boss, Barkindo   President Muhammadu Buhari has expressed the nation’s gratitude to the outgoing Secretary-General of Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, describing him as a worthy ambassador of the country. Receiving Barkindo at State...

Nigeria’s Oil Output Drops By 23.8% To 1.024m bpd — OPEC   Nigeria’s oil output dropped Year-on-Year, YoY, by 23.8 per cent to 1.024 million barrels per day, mbpd, in May 2022, from 1.344 mbpd recorded in the corresponding period of 2021, according to the Organisation...

Despite The Rise In Crude, Nigeria’s Oil Revenue Dropped To N945bn   Despite the steady rise in crude oil price, the country’s earnings from the commodity dropped for the fourth month. This was contained in a Central Bank of Nigeria’s (CBN’s) latest monthly economic report for...

OPEC Boost Nigeria Crude Oil Quota to 1.799million Barrels Per Day The Organisation of Petroleum Exporting Countries (OPEC) has increased Nigeria's crude oil quota from 1.772million barrels per day for June 2022 to 1.799million barrels per day in July 2022. According to the World’s oil supply...

 Nigeria’s Foreign Exchange Reserves Now Below $39bn - CBN For the first time in nine months, Nigeria’s foreign reserves have dropped below $39 billion as Nigeria fails to take advantage of high oil prices. Ripples Nigeria Check on the Central Bank of Nigeria (CBN) website showed...