Category : Search result: oil production freeze


OPEC+ Pauses Oil Output Hikes Until March 2026

OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.

Anambra Gives 220M Palm Seedlings to Households

Anambra State has distributed 220 million palm seedlings to 180,000 households in two years under Governor Soludo's agricultural revolution. Discover how this initiative aims to transform the state's economy.

Feedlot Nigeria Expands to 5000 Cattle Herds

Feedlot Nigeria boosts cattle capacity to 5000 herds, enhancing local beef production and reducing import dependency. Discover how this expansion transforms Nigeria's agricultural sector.

OPEC+ 2025 Oil Output Policy: A Review

OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.

Nasarawa to harvest 1.2 million rice bags for Nigeria

Nasarawa State aims to harvest 1.2 million bags of rice from Jangwa and Agwatashi farms, with over 600,000 bags already collected. This initiative supports Nigeria's food security under Governor Abdullahi Sule's administration.

Nigeria's Plan for Dairy Self-Sufficiency by 2050

The Federal Government has launched a comprehensive plan to revolutionize Nigeria's dairy sector, aiming to meet rising demand and reverse decades of underperformance through strategic reforms and partnerships.

Oyo Approves ₦3b for Cocoa Rejuvenation Project

Oyo State Government has approved ₦3.03 billion for Cocoa Rejuvenation Project through PPP. Initiative aims to restore state's cocoa production glory and fill supply gaps from Ghana and Côte d'Ivoire.

Meet Abi Babalola: Architect of Afrobeats Tours

Discover the story of Abi Babalola, the founder of Hera Touring, who is building the stage for Afrobeats' global takeover. Learn about her journey from music videos to sold-out arenas.

NNPCL Targets Higher Production, Gas Monetisation in 2025

NNPC Limited reveals a ₦5.4 trillion profit and outlines a bold 2025 strategy focusing on increased oil production to 1.8 million bpd, aggressive gas monetisation, and cost-cutting measures. Discover how this impacts Nigeria's economy.

PINL uses town criers to fight pipeline vandalism

Pipeline Infrastructure Nigeria Limited deploys local town criers to enhance security on the Trans Niger Pipeline. Vandalism attempts have dropped by 87% since 2022. Read more on this community-driven success.

US MOSOP: Exclude Ogoni from oil block bids

MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.

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