August 19, 2026
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Author name: Alison Godswill

CRYPTOCURRENCY: We have sole right to regulate trading in Nigeria — SEC

Leave a Comment / Business, The Nation /

CRYPTOCURRENCY: We have sole right to regulate trading in Nigeria — SEC   As the controversy over the use of cryptocurrency continues to linger, the  Securities and Exchange Commission, SEC has disclosed that it has the responsibility to regulate trading on all digital assets, including the currency in Nigeria.   The Central Bank of Nigeria (CBN) Circular of February 5, 2021, had previously […]

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OIL MARKET: Recent tension in the Middle East posses uncertainty in the market — IEA

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OIL MARKET: Recent tension in the Middle East posses uncertainty in the market — IEA   The recent tension in the Middle East has once again added a layer of uncertainty to the oil market outlook, according to the International Energy Agency, IEA. In its latest Oil Marker report, obtained by The Daily, www.thedaily-ng.com, the IEA, stated: “The

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COUNTDOWN: 131 Days After U.S.-Iran War, Geopolitical Risks Keep Brent Crude Near $80

OIL MARKET: Bonny Light price hits $60.52 per barrel

Leave a Comment / INTERNATIONAL, Oil & Gas /

By Alison Godswill The price of Nigeria’s Bonny Light has risen to $60.52 per barrel, apparently the highest in 2021, as the Organisation of Petroleum Exporting Countries, OPEC continues to pursue its oil cut deal. The prices of other crudes, including Brent, OPEC Basket, and the Urals also rose from over $50 to $61.14, $60.28,

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GAS EXPLOSION: DPR introduces new guidelines to guide operations of downstream gas facilities

OIL SUPPLY: Non-OPEC supply growth in 2021 has been revised down by about 0.2 mb/d — Report

Leave a Comment / INTERNATIONAL, Oil & Gas /

The Organisation of Petroleum Exporting Countries, OPEC, has revised non-OPEC supply growth in 2021 down by about 0.2 million barrels per day, mb/d, indicating an increase of 0.7 mb/d, to average 63.3 mb/d. In its February 2021 report obtained by The Daily, www.thedaily-ng.com, OPEC stated: “The forecast for non-OPEC supply growth in 2021 has been

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OPEC Sees Stronger Global Oil Demand Through 2027 as Market Tightness Supports Crude Prices

JUST IN: OPEC pleased as Crude Oil Price Movements rise further

Leave a Comment / INTERNATIONAL, Oil & Gas /

The Organisation of Petroleum Exporting Countries, OPEC said it is well-pleased with Crude oil Price Movements since January, this year. In its February 2021 report obtained by The Daily, www.thedaily-ng.com, OPEC stated: “Crude oil spot prices rose firmly in January, along with a steady rise in futures markets. Major physical crude benchmarks increased about 10%

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DPR generates N2.24trn in 8 months, targets N5trn in December

DPR launches new system to monitor petroleum products distribution, smuggling, hoarding

Leave a Comment / The Nation, Oil & Gas /

The Department of Petroleum Resources, DPR has launched a new digital system to monitor the distribution of petroleum products in Nigeria. Speaking at the launch in Abuja, DPR Director/CEO, Engr. Auwalu Sarki, said: “Out very good information of how the products are been taken out of the borders. To do that, you need to know

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