OPEC said Friday that it pumped oil at record levels last month even though the cartel aims to agree a production cut in less than three...
The Director General of the National Orientation Agency, Mr. Garba Abari, has expressed delight that Nigerians have been left with no option but to look inwards...
The OPEC cartel needs to take action to stabilise the oil market because crude prices have fallen “totally unacceptable” levels, Nigeria’s President Muhammadu Buhari said on...
Mrs. Deziane Alison-Madueke has alleged that her life is being threatened by members of a powerful cabal who benefited from petroleum subsidy fraud. The Nigeria’s first...
by The Economist Nigeria is among the OPEC members hardest hit by the fall in the oil price: a decline which the cartel’s hands-off approach to production has...
OPEC will not cut oil production even if the price drops to $20 a barrel and it is unfair to expect the cartel to reduce output...
From the appointment as President of the Organization of Petroleum Exporting Countries, OPEC to the President of the Gas Exporting Countries Forum, GECF. Nigeria’s Minister of...
The Organisation of Petroleum Exporting Countries, OPEC announces her demise for electing Diezani Alison-Madueke, the Nigeria’s Minister of Petroleum Resources as its Chairman. The nation’s racy oil...
Nigeria emerged one of the losers yesterday, as OPEC producers reached a consensus not to cut oil production in order to stem the decline in prices....
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been elected the first female president of the Organisation of Petroleum Exporting Countries (OPEC). Alison-Madueke was elected...
These are troubling times for the Nigerian economy. Our revenue base is caving in under the stress of falling price of oil in the international market....