January 2, 2026/CSL Update The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released its November 2025 oil production report. Total oil production averaged 1.6mbpd in November, comprising 1.44mbpd of crude oil and 163,049bpd of condensates, representing a 6% year-on-year decline from 1.7mbpd recorded in November 2024. The y/y weakness was […]
OPINION/EDITORIAL
Oil Awaits a Catalyst as Brent Treads Water
January 2, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. Friday, January 2, 2026 Another round of failed Russia-Ukraine peace talks and continued tensions around Venezuela have failed to wake oil […]
How Nigeria’s New Tax Law Could Redefine Risk in the Banking Sector
December 31, 2025 By Blaise Udunze Nigeria’s new tax identification portal goes live nationwide tomorrow, Monday, January 1, 2026, marking a pivotal moment in the country’s fiscal and financial governance. Designed to modernise tax administration and strengthen taxpayer identification, the reform reflects a decisive shift in economic strategy by a […]
