The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be unavoidable.

Oil prices climbed about $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output cuts during a video

The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a

OPEC will regain its position as a dominant force on international oil markets after the world emerges from the current crisis,

Nigeria LNG Limited (NLNG) has signed the engineering, procurement and construction (EPC) contracts for its Train 7 Project with the

By Zerohedge.com The April 20 historic oil price crash that sent the prompt May WTI contract plunging to the unheard of price

African oil producing nations will experience a financial boost following global oil production slash that sees total world production

Timipre Sylva, the minister of state for petroleum resources, on Monday pledged Nigeria’s readiness for the deliberations on output

The federal overnment on Tuesday night reduced the price of petrol from N125/litre to N123.5/litre. Current petrol price indicates a