Nigerian crude oil Archives

Nigeria’s crude oil export earnings drop 14.41% to $31.54bn

Nigeria’s crude oil export earnings dropped in 2025 compared to the previous year, according to the Central Bank of Nigeria. The Federal Government’s crude oil export earnings fell 14.41 per cent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop was attributed to lower international crude oil […]

aadelekepdnlimited-com
30th July 2026
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Why oil theft estimates are unrealistic- Navy

Oil and Gas

Nigerian crude oil crashes below $95/barrel as Hormuz reopens

Nigerian crude oil and major oil contracts crashed below $95 a barrel on Wednesday after Iran agreed to reopen the Strait of Hormuz, a vital route for 20 per cent of the world’s energy supply, for two weeks in exchange for a temporary ceasefire with the United States. Brent crude and WTI were also down […]

aadelekepdnlimited-com
8th April 2026
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News

Nigerian oil priced $2 above active brent contract

Nigerian crude oil blends, including Brass River, Bonny Light, and Qua Iboe, are approaching $80 per barrel, currently trading slightly above $77, which is over $2 higher than the active Brent contract. The recent conflict involving Iran-backed militias and Israel has shifted market dynamics, prompting concerns that could disrupt crude oil flows from the Middle […]

monwubukepdnlimited-com
3rd October 2024
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Tag: Nigerian crude oil

Nigeria’s crude oil export earnings drop 14.41% to $31.54bn

Nigerian crude oil crashes below $95/barrel as Hormuz reopens

Nigerian oil priced $2 above active brent contract

Lagos issues land allocation letters to 98 Lekki.

Oil shipping via Hormuz increases amid renewed regional.

BREAKING: Femi Otedola acquires ₦222.20bn First HoldCo shares

Globus Bank gets inaugural credit rating from Fitch

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