Energy

Nigeria’s Bonny Light crude rose to $126.32 per barrel on 15 September, according to Central Bank of Nigeria data reported by The PUNCH, adding to concerns that already high petrol prices could face further pressure. The Nigerian crude grade was reported at $123.28 a barrel a day earlier, meaning the latest figure represents an increase

Nigeria could attract at least twice its current level of energy investment within five years as the country strengthens its relationship with the International Energy Agency, according to IEA Executive Director Fatih Birol. Birol made the assessment during a visit to Abuja on Thursday, 3 September, two months after Nigeria formally joined the IEA as