NIGERIA has asked the Organisation of Petroleum Exporting Countries (Opec) to increase her production quota of 1.77m barrels a day in response to falling global prices after Brent crude tumbled to below $70 a barrel yesterday.
Following the collapse in global crude oil consumption in the wake of the coronavirus pandemic,...
NIGERIA'S has been listed as one of the stop seven gas-flaring countries by the World Bank after a recent report revealed that the Niger Delta and six other nations account for two thirds of flared gas globally.
According to the World Bank’s Global Gas Flaring Reduction Partnership (GGFR)'s recently published gas flaring...
BRITISH minister for Africa James Duddridge has expressed concern about the growing insecurity in Nigeria saying the violence unleashed by Boko Haram sect and its allied groups poses a great risk but added that the UK is willing to help combat the menace.
According to the Institute for Economics and Peace's 2021 Global...
NIGERIA'S crude oil output rise slightly during February to 1.49m barrels a day according to figures just published by the Organisation of the Petroleum Exporting Countries (Opec) although production still lags behind the historic level of 2.5m barrels.
Traditionally, Nigeria has always had an Opec quota of 2.5m barrels a...
GENERAL Lloyd Austin has become the first ever black US defence secretary after the senate confirmed his appointment today after granting him a waiver for not having retired for at least seven years before taking office.
Under the US constitution, military officers have to have retired for at least seven years before taking...
NIGERIA'S ongoing economic woes got considerably worse last month as December crude oil production tumbled to low of 1.17m barrels a day as output was curtailed in line with Organisation of the Petroleum Exporting Countries (Opec) agreements.
Following the global economic slowdown brought about by the coronavirus pandemic,...
NIGERIA is facing a fresh additional revenue crisis after the petroleum ministry was forced reduce crude oil output to 1.32m barrels a day as part of its obligations to the Organisation of the Petroleum Exporting Countries (Opec).
Being a key member of the oil producers body Opec, Nigeria is compelled to adhere to its...
Ayo Akinfe
(1) As we can all see, Sars was just the catalyst for the uprising we have seen across the nation. It is poverty that has led the Nigerian masses to revolt. Unless the issue of their welfare is addressed, what we are witnessing today will just be a dress rehearsal for a much more violent revolt next year
(2) Food is...
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