NIGERIA’S crude oil production has been declining steadily in the last few months owing to the force majure declared by some of the International Oil Companies (IoCs) ,industry sources told The Nation yesterday.

Judge postpones trial of leader of the Indigenous People of Biafra group to January 19 and 20 next year.

Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month amid lingering supply disruptions, according to a new report by the Organization of the Petroleum Exporting Countries.

For the umpteenth time, Nigeria failed to meet the oil production output allocated to it by the Organisation of Petroleum Exporting Countries (OPEC), pumping 45,000 less than it did in September and missing the expected target set by the cartel by over 260,000 barrels per day in October.

Nigeria’s oil output, yesterday, dropped by 9 per cent, to 1.2 million barrels per day, mb/d in October 2021, from 1.3 mb/d, recorded in the corresponding period of 2020.

US Secretary of State Antony Blinken is set to tour Kenya next week in his first official visit to Africa.

South Africa’s Minister of Finance Enoch Godongwana on Thursday said the country’s economy is expected to grow 5.1 percent in 2021, following an economic recovery faster than expected in the first half.

Almost nothing suggested that former South African president Frederik Willem de Klerk would be the one to dismantle apartheid.

The agreement is the most impressive thing to come out of the COP26 climate summit.

The 200 students will receive practical training in advanced modern farming in Israel.

The Igbo lawyers seeking to be joined as defendants appear to be on the opposite side of the secessionist campaign being championed by IPOB in the region.

The World Bank has blacklisted 18 Nigerians firms and Individuals for engaging in corrupt practices, fraud and collusive practices in its 2021 fiscal year 2021, a new report has revealed.

Nigeria’s CBDC pilot is now the second largest behind China’s digital yuan, and aims to digitise payments and increase financial inclusion in Africa's most populous country.

Mr Asue Ighodalo, Chairman of the Nigerian Economic Summit Group (NESG), has said that three out of four digital start-ups, valued in excess of one billion dollars, were founded by young Nigerian entrepreneurs.

The International Monetary Fund (IMF) expects South Africa’s economy to grow by 5% in 2021, reflecting a better-than-expected growth in the year’s first half.

Mr Erdogan and Mr Buhari met in Abuja, the Nigerian capital.

The United States Government says the Federal Government is expected to deploy the Super Tucano aircraft only in the northern part of the country where Boko Haram terrorists have engaged the Nigerian state in a decade-long insurgency killing thousands and displacing millions.

The United States Government says the Federal Government is expected to deploy the Super Tucano aircraft only in the northern part of the country where Boko Haram terrorists have engaged the Nigerian state in a decade-long insurgency killing thousands and displacing millions.

President Muhammadu Buhari is one of the most powerful Muslims in the world, according to The Royal Islamic Strategic Studies Center.

The President will be joined at the 5th edition of the flagship investment event by business executives from Nigeria, bankers, captains of industry and energy experts.