Tag:
production
Business
Economic Headwinds: Manufacturer’s Production Volume, Investment Decline In Q4
A survey conducted by the Manufacturers Association of Nigeria (MAN) has revealed worsening impacts of the macroeconomic environment on the manufacturing sector in the...
Business
Crude Oil Production Costs Soar: Nigeria’s $40 Per Barrel Crisis
Nigeria’s oil industry, a vital pillar of its economy, is facing a crisis as the cost of producing crude oil has skyrocketed to a...
News
Nigeria Eyes Military Superpower Status in Equipment Production – CDS
Nigeria is on the path to becoming a global leader in military equipment production, according to the Chief of Defence Staff (CDS), General Christopher...
News
Reps Demand Comprehensive Report on Oil Production, Crude Sales
The House of Representatives has directed the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to provide a detailed account of oil production, crude sales, and...
Development
ECOMED Pharma Denies Production of Contaminated Amoxycillin Batch
ECOMED Pharma Ltd, a winner of the 2023 Nigerian Healthcare Excellence Award for Pharmaceutical Manufacturing, has firmly denied producing a batch of amoxycillin that...
Business
1.7 Million Barrels Per Day: Oil Production Hits 2024 High
Nigeria's oil production has reached a major milestone in November, hitting 1.7 million barrels per day (bpd) of crude oil and condensate output. This is...
Business
NNPC Claims Crude Oil Production Hits 1.8 Million BPD in November
The Nigerian National Petroleum Corporation (NNPC) Limited has announced a significant milestone in the country’s crude oil production. According to NNPC, crude oil output reached...
Business
Belemaoil Resumes Production After 3-Year Shutdown Over Oil Theft
After a three-year shutdown caused by rampant oil theft and damage, Belemaoil Producing, a Nigerian independent oil producer, has resumed operations at its Oil...