Crude

‎The volume of crude oil discovered in Benue Trough was in commercial quantity, the Nigerian National Petroleum Corporation announced on Thursday. The NNPC, in a statement, said Nigerian geologists were spearheading efforts in…

Nigeria's revenue from crude oil sales declined by 74.89 per cent in July to $55.29m, latest data released by the Nigerian National Petroleum Corporation has revealed. The July figures marked a record low for Nigeria's crude…

AFE BABALOLA & CO. PRESS RELEASE FAILED ATTEMPT BY AN INTERNATIONAL CRIME SYNDICATE TO INTIMIDATE, EXTORT AND DEFRAUD THE NIGERIAN NATIONAL PETROLEUM CORPORATION AND THE FEDERAL GOVERNMENT OF NIGERIA ​We act as Counsel to the…

Nigeria earned a total of $206.06bn from crude oil exports in the last five years, according to the Organisation of Petroleum Exporting Countries. Nigeria is Africa’s largest oil producer. OPEC disclosed in its 2020 Annual Statistical…