Naira Rises 1.69% on I&E Window As Global Crude Oil Prices Rise to $80 per Barrel
The Nigerian naira gained ground against the U.S. dollar on October 4, 2024, closing at N1,631.21 in the Investor and ...
Tag: Crude Oil
Federal Executive Council Directs NNPC to Supply Crude Oil to Local Refineries
The Federal Executive Council has mandated the Nigerian National Petroleum Corporation (NNPC) to sell crude oil to local refineries, including ...
Afreximbank Disburses Initial $2.25 Billion of $3.3 Billion Crude Oil Prepayment Loan to NNPC
The African Export-Import Bank (Afreximbank) has successfully disbursed the initial tranche of its $3.3 billion crude oil prepayment loan to ...
NNPC, Partners to add192,000bpd to Nigeria Crude oil production
The Nigerian National Petroleum Company Limited (NNPCL) and its joint venture partners have announced plans to add approximately 192,000 barrels ...
Nigeria’s Crude Oil Exports Generate $11 Billion in First Five Months of 2023
Abuja, Nigeria - Nigeria has earned a significant revenue of $11 billion from its crude oil exports in the first ...
