Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s ability to benefit from elevated global crude prices continues to be constrained by persistent inefficiencies in its oil sector. Despite favourable oil price trends in recent weeks, the country has struggled to translate…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has taken steps to ensure that approval for permits is done within hours of application to drive investments into the country’s energy sector The upstream oil sector…
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Nigerian Presidency hits back at IMF over economic warning, urges patience with Tinubu’s reforms As the March 31 deadline for filing annual personal income tax returns approaches, tax authorities across Nigeria are urging individuals to…
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Oil prices tumbled and stock markets rallied on Wednesday on reports that the United States had sent a peace plan to Iran. Image: Wikimedia Commons Oil prices tumbled and stock markets rallied on Wednesday on reports that the United…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has eased petrol import restrictions by granting a new batch of licences to local marketers. According to a report on Tuesday by S&P Global, the…
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Unity Bank Unity Bank Plc has effectively crossed the ₦200 billion capital requirement set for national banking licences, following a regulator-supported financial restructuring linked to its ongoing merger with Providus Bank. The…
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Nigeria needs over $100 billion in public and private investments to achieve 24-hour electricity, as Power Minister Adebayo Adelabu outlines funding gaps, gas shortages, and sector reforms. The Federal Government has revealed that…
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The Chief Executive Officer of the Association of Nigerian Electricity Distributors (ANED), Sunday Oduntan, has said Nigeria’s hydro plants are not generating enough power to serve the country. The ANED CEO said this in an interview…
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Nigeria could raise its crude oil production by approximately 100,000 barrels per day over the next few months, the Group Chief Executive Officer of the Nigerian National Petroleum Company, Bashir Bayo Ojulari, has said, as the country…
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Nigeria recorded a 21% growth in gas exports in 2025, rising to $10.51 billion from $8.66 billion recorded in 2024. This is according to the latest Balance of Payments (BOP) report released by the Central Bank of Nigeria (CBN). The…
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