Oil and Gas
Oil rebound eases concerns about devaluation of Nigeria’s naira
The rebound in oil prices has given Nigeria’s naira a reprieve, easing investors’ concern that a steep devaluation may be…
Brent oil rises to $40 amid hopes for recovery
Oil rose on Wednesday, with Brent at $40 for the first time since March, as optimism mounted that major producers…
Oil up nearly 3% ahead of OPEC+ meeting and on easing lockdowns
Oil prices climbed about $1 a barrel on Tuesday on hopes that major crude producers will agree to extend output…
Govt invites investors to bid for 57 oil fields
The federal government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part…
Petrol sold above N130 in 17 states, says NBS
Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre…
Oil prices climb, bolstered by ongoing supply curbs
Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as…
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