OPINION/EDITORIAL

Authorities Optimistic on Boosting Crude Oil Production to 2.5mbpd by 2026

August 25, 2025/CSL Research The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced last week that the country is aiming to ramp up crude oil production to 2.5 million barrels per day (mbpd) by 2026. According to the regulator, this goal will be driven by a mix of strategies, including unlocking […]

Brent Crude Shrugs Off Stock Slump

August 22, 2025/Oilprice.com Tom Kool Editor, Oilprice.com In a notably quiet week, holiday-thinned liquidity kept ICE Brent range-bound at $65.80–$67.90/bbl despite a steep U.S. stock selloff. Friday, August 22, 2025 In one of the least eventful trading weeks of 2025, ICE Brent has been trading within a narrow bandwidth of […]

Cement Sector Records Strong Growth in Q1 2025

August 19, 2025/CSL Research Nigeria’s cement sector posted a strong recovery in Q1 2025, with GDP growth accelerating to 4.94%, up significantly from 1.44% in Q1 2024. This improvement mirrors broader gains in related industries, particularly the construction sector, which rebounded with a 6.21% growth rate, compared to a 0.52% […]