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Between 1999 and 2020, the federal government earned $741.48 billion from oil and gas sales, according to data from the Nigerian Extractive Industries Transparency Initiative (NEITI) but this hasn’t translated into much value
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts by Saudi Arabia and other members
The prices of crude oil took a significant tumble on Wednesday, as demand concerns loom large amid broader economic challenges. Brent crude oil futures experienced a sharp decline, falling by $2.02 or 2.22
The current pump price of petrol in Nigeria is N617 per liter. This is significantly higher than the pre-subsidy price of N184 per liter. The removal of the petrol subsidy has been a
BIL is an international company with indigenous roots, born out of the passion for providing innovative solutions to the oil and gas industry.