Tag: Nigeria crude oil

Middle East crisis pushes global oil buyers to Nigeria as African producers gain strategic advantage

Business Damilola Bayonle -
Global oil markets are undergoing a significant realignment as geopolitical tensions in the Middle East reshape supply chains, forcing...

Crude shortage hits Nigerian refiners despite massive oil exports

Business Damilola Bayonle -
Nigeria’s long-running struggle to translate crude oil abundance into domestic energy security resurfaced sharply in 2025, as local refiners...

Nigeria’s oil output surges as crude production peaks at 554.4 million barrels in 2025

Business Damilola Bayonle -
Nigeria’s Crude Production Peaked at 554.4mb in 2025 — NUPRC Nigeria’s oil and gas sector recorded a notable performance in...