The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
The Journal seeks to become the most reliable, first-choice Pan-Nigerian information and public knowledge platform. The Journal Nigeria is a serious Journalism from an African Worldview
Nigeria produced 1,677,777 barrels of crude oil and condensate a day in August 2026, keeping the country within its assigned OPEC ceiling for a fourth straight month even as output remained well short of the level the Federal Government needs to fund its own budget. The figure, released on Sunday by the Nigerian Upstream…
The NNPC Limited has remitted N19.5 trillion to the Federation Account over fourteen months following a series of structural operational overhauls. Bayo Ojulari, the group chief executive officer, announced the figures during an energy conference in Abuja. The state-backed energy firm also clawed back $3.4 billion in expenses through aggressive contract restructuring and procurement adjustments….
Higher crude flows failed to lift the bottom line for the Nigerian National Petroleum Company Limited in May 2026, as the state oil firm recorded a profit after tax of N462 billion, down from the N481 billion posted in April, despite pumping its most crude in nearly a year. The company’s Monthly Report Summary…