The National Palm Produce Association of Nigeria (NPPAN), says Nigeria spends 600 million dollars on palm oil importation annually. Kernel oil is different from red palm oil Alphonsus Inyang, National ...

Palm oil is poised for a bullish trend as Indonesia ramps up its biofuel ambitions, which could benefit the Nigerian ...

Two countries, Indonesia and Malaysia led the top five palm oil producing countries in 2023 and accounted for producing 83 % of the global palm oil produced during the period. Top producers of palm ...

Federal Government has inaugurated the National Palm Oil Traceability Framework and an inter-agency committee, an initiative to modernise the sector, enhance global market competitiveness, and promote ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Nigeria’s oil production has been recovering in recent months and hit its ...

Nigeria has recorded a significant milestone in its oil industry, with crude oil output surpassing 1.7 million barrels per ...

Presco launches $164M rights issue to fund expansion, open until Dec. 2 Offer allows shareholders to buy 1 new share for every 6 held Funds to boost palm oil output, cut imports in line with Nigeria’s ...

Nigeria has approved 43 new oil and gas field development plans worth $20 billion, aiming to boost output and reverse years ...

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered environmental damage after oil giant Shell's sale of ...