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OPEC Nigeria Newsletter
  • Nigeria’s Petrol Imports Plunge to 8-year Low as In-country Refining Surges 30 Jan 2025 04:01 GMT

    … yearly. Before the refinery, Nigeria’s fuel importation problem … Refinery ramping up production, Nigeria’s petrol imports have plummeted … exporting hub for barrels to Nigeria — have meanwhile hit … of Petroleum Exporting Countries (OPEC) to help lower crude …

  • Nigeria's petrol imports reach 8-year low as Dangote refinery expands 30 Jan 2025 00:17 GMT

    … firm Vortexa Ltd., shipments to Nigeria averaged around 110,000 barrels … a game-changer for Nigeria, which has long depended on … Exporting Countries (OPEC), Dangote's oil push in Nigeria is starting … hub for exports to Nigeria — have reached a record high …

  • Oil Slips as Trump Calls on OPEC to Cut Prices 28 Jan 2025 15:37 GMT

    … Organisation of Petroleum Exporting Countries (OPEC) to reduce prices following … his first week in office. Nigeria’s benchmark, Brent crude … and energy prices. However, OPEC and its allies, including Russia … to cut prices, with OPEC+ delegates pointing to a …

  • Nigeria and the Three T’s: Trump, Tariffs, and Tinubunomics 27 Jan 2025 19:26 GMT

    … for emerging economies like Nigeria. Trump’s tariff policies … and had just asked OPEC to bring down the … and reduced competitiveness. The Nigerian Naira, which has already … shifting geopolitical landscape. Similarly, Nigeria’s culture, like Nollywood …

  • Oil Prices Dip As Trump Urges OPEC To Cut Costs Amid Ukraine War 27 Jan 2025 09:08 GMT

    Global oil prices fell on Monday following renewed calls by former U.S. President Donald Trump for the Organization of the Petroleum Exporting Countries (OPEC) to slash prices. Trump’s remarks were tied to his strategy to pressure oil-rich Russia …

  • Chevron starts $48bn oilfield in OPEC+ state 27 Jan 2025 00:44 GMT

    … about $78 a barrel. OPEC+ and OPEC have some influence over … on stream in 2026-2027.” Nigeria In Nigeria, Chevron plan to ramp … analyst with experience across Nigeria';s energy sector alongside … relevant know-how about Nigeria’s macro economy. He provides …

  • Trump Pressures Saudi Arabia, OPEC To Lower Oil Prices To End Russia-Ukraine War 24 Jan 2025 17:00 GMT

    … Organization of Petroleum Exporting Countries (OPEC) to reduce global oil … re-elected, suggests that OPEC’s decision to keep prices … below $80 per barrel. Nigeria’s government bases its 2025 … on oil exports. As Nigeria struggles to increase oil production …

  • World Bank: Nigeria’s Regional Investment Role Lags 24 Jan 2025 14:05 GMT

    … below Nigeria’s OPEC quota. Despite the economic growth, Nigeria … reflecting strong interest in Nigerian equities and bonds. … strategic importance of Nigeria’s political and economic … needing improvement. Strengthening Nigeria’s regional economic influence …

  • World Bank Reaffirms Commitment To Provide Electricity To 300 Million Africans By 2030 29 Jan 2025 15:51 GMT

    The World Bank Group reaffirms its commitment to addressing Africa’s energy deficit, with a goal to provide electricity to half of the 600 million people on the continent who currently lack access. Ajay Banga, President of the World Bank Group, announces …

  • Trump’s oil drilling support will end funding challenges — NUPRC 29 Jan 2025 00:53 GMT

    … Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission … development of hydrocarbon in Nigeria,” Komolafe said. Reacting … crude. Rather, what OPEC does is regulate production … the commission initiated the Nigeria Gas Commercialisation Programme …

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