May 6, 2026
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Author name: Alison Godswill

Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

OIL MARKET: OPEC appoints Chief Sylva Special Envoy to consult with DoC countries

Leave a Comment / Nigeria, Oil & Gas /

.Commends Nigeria on output cut By Eyo Nsima THE Organisation of Petroleum Exporting Countries, OPEC, has appointed Nigeria’s Minister of State for Petroleum Resources, Chief Timipre Sylva as Special Envoy to consult with the Declaration of Cooperation (DoC). This was even as OPEC commended Nigeria for the sacrifices made to assist in achieving oil market […]

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BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory

OIL MARKET: Hope rises for oil price, stability as Iraq expresses commitment to compensate for overproduction

Leave a Comment / INTERNATIONAL, Oil & Gas /

Iraq reiterates its commitment to adhering to full conformity and compensating for overproduced volumes in accordance with decisions taken at OPEC and non-OPEC Ministerial Meetings (ONOMM), most recently the 13th ONOMM on 4/5 January 2021, according to the Organisation of Petroleum Exporting Countries, OPEC. In a statement obtained by The daily, www.thedaily-ng.com, OPEC, stated: “Iraq

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JUST IN: OPEC+ raises Nigeria’s quota to 1.830 million bpd

OPEC, Non-OPEC members cut 2.1 billion barrels in 9 months

Leave a Comment / INTERNATIONAL, Oil & Gas, OPEC /

…Raises hope for market stability By Eyo Nsima There are indications that oil market would continue to witness stability as the Organisation of Petroleum Exporting Countries, OPEC, and non-OPEC member States, have already withdrawn 2.1 billion barrels of excess oil in the past nine months. This was contained in a statement obtained by The Daily,

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2021 Budget: Reps promise to increase health budget—Speaker

Farmers/herders clash: No ethnic group is superior than others—- Gbajabiamila

Leave a Comment / Democracy, The Nation /

The Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila said that no particular ethnic group in the country should claim superiority or lord over others. He stated this on Tuesday while speaking with State House correspondents after meeting behind closed doors with President Muhammadu Buhari at the Presidential Villa, Abuja. The Speaker also

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End attacks on workers, protesters, SERAP tells El-Rufai --- SERAP

Joint ground & air operations continue at locations in Kaduna LGAs

Leave a Comment / The Nation /

Air platforms have conducted armed reconnaissance over locations in some Local Government Areas of Kaduna state to rid the state of bandits. In a statement by Samuel Aruwan ,Commissioner, Ministry of Internal Security and Home Affairs, Kaduna State,on Wednesday, the areas covered included Albasu, Rahama, Sabon Birni, Rikau, Fadama Kanauta, Kaya, Fatika, Doka, Galadimawa, Kerawa,

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Violence mars Kwara APC membership registration, revalidation exercise

Leave a Comment / The Nation /

Stakeholders meeting of Kwara State Chapter of the All Progressives Congress(APC) ahead of commencement of the party membership registration exercise in the state has ended abruptly as violence marred the excercise.  According to reports, no fewer that ten members of the party sustained serious injuries while the crisis lasted. Recall that on Tuesday, faction loyal

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End attacks on workers, protesters, SERAP tells El-Rufai --- SERAP

Kaduna, Zipline partner to launch first medical drone delivery service

Leave a Comment / health /

The Kaduna State Government and Zipline, world’s first and only national-scale drone delivery service have partnered to use a logistics network of autonomous delivery drones in healthcare delivery. The Daily, www.thedaily-ng.com gathered that the drones would help transform access and availability of routine and emergency medicine for millions of people in one of Nigeria’s most

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Oil Market: Prices rise to $57.49 per barrel over OPEC, non-OPEC output slash

Leave a Comment / Oil & Gas, OPEC /

Oil Market: Prices rise to $57.49 per barrel over OPEC, non-OPEC output slash The price of oil has increased to over $57 per barrel in the international market as members of the Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to an oil output cut. For instance, the price of Brent rose to $57.49

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BREAKING: Oil prices fall to $73.07 per barrel despite dropping inventory

BREAKING: Nigeria’s Bonny Light hits $56.95 per barrel

Leave a Comment / Oil & Gas /

BREAKING: Nigeria’s Bonny Light hits $56.95 per barrel By Eyo Nsima   The price of Nigeria’s Bonny Light has risen to $56.95 per barrel over the American Petroleum Institute (API) favourable report.   Consequently, the prices of many crudes, including Bonny Light rose significantly in the international market.   Also, the price of Brent rose to $58.17

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Iranian crude oil tanker grounding during Suez Canal transit

Leave a Comment / INTERNATIONAL, Maritime /

Iranian Aframax tanker SAHRA has ran aground on 123 kilometer mark, Suez Canal, below Great Bitter Lake, at around 1000 UTC Feb 1, 2021, according to FleetMon. It stated: “Iranian Aframax tanker SAHRA ran aground on 123 kilometer mark, Suez Canal, below Great Bitter Lake, at around 1000 UTC Feb 1, while transiting Suez in

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