Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
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Oil Giants Leave, Nigerian Firms Rise
By William Emmanuel Ukpoju
A quiet but historic transformation is reshaping Nigeria’s oil and gas industry. Across the creeks, swamps, and ageing oilfields of the Niger Delta, international oil companies (IOCs) are steadily!-->!-->!-->!-->!-->…
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After Billions Spent, Nigeria Tries Again to Fix Its Refineries
By William Emmanuel Ukpoju
For decades, Nigeria’s state-owned refineries have stood as monuments to waste, policy inconsistency, and broken promises. Built with the ambition of making Africa’s largest crude producer self-sufficient!-->!-->!-->!-->!-->…
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West Africa’s Mega Gas Pipeline Could Reshape Global Energy Flows by 2031
By Ese Ufoma
The planned Nigeria-Morocco Gas Pipeline is increasingly emerging as one of Africa’s most strategic energy projects, particularly at a time when global energy security concerns are reshaping international alliances and!-->!-->!-->!-->!-->…
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Gas “Bankability” and Nigeria’s Looming 2026 Power Crisis
By Silverline Ifeanyi Onyeabor
Nigeria’s “Decade of Gas” was conceived as the grand bridge between an oil-dependent past and a more industrialised, energy-secure future. When the Federal Government launched the initiative in 2021,!-->!-->!-->!-->!-->…
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Nigeria’s Petrol Paradox: Why Fuel Prices Still Rise Despite Local Refining
By William Emmanuel Ukpoju
Nigeria entered 2026 with what many believed would mark the beginning of a new energy era. For the first time in decades, Africa’s largest crude oil producer had become a net exporter of petrol, largely!-->!-->!-->!-->!-->…
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Chevron Returns As Diamond Sponsor For African Energy Week 2026
By Silverline Ifeanyi Onyeabor
American energy major Chevron Corporation has reaffirmed its long-term commitment to Africa’s energy sector by returning as a Diamond Sponsor for the African Energy Week 2026.
The renewed!-->!-->!-->!-->!-->!-->!-->…
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The Evolving Petroleum Products Market Structure in Nigeria: Contestability, Governance, and the PIA
Prof. Wumi O. Iledare
Preamble
Nigeria’s downstream petroleum sector is evolving. It is undergoing perhaps the most significant structural transition in its history. For decades, the market operated within an environment dominated by!-->!-->!-->!-->!-->…
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Pipeline of Promise: The High Stakes of Nigeria’s AKK Gas Revolution
By Gideon Osaka
For decades, Nigeria's economy has been heavily reliant on crude oil, from the Niger Delta extraction to international exports. Oil revenues, petrol subsidies, and fluctuating global prices have defined its economic!-->!-->!-->!-->!-->…
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₦1,300 to ₦2,000/kg: The Real Reason Cooking Gas Price Just Soared
*Why is cooking gas suddenly ₦2,000/kg?
A massive spike in household demand for holiday cooking (Eid/Ileya) has temporarily outpaced available local gas supplies.
Heavy-duty truck drivers have significantly hiked transport!-->!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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World Bank abandons Nigeria’s power project over mounting subsidy expenses
Nigeria and the World Bank have agreed to scrap $717.7 million in unused loan money. The funds were earmarked for the Power Sector Recovery Performance-Based Operation, a five-year initiative designed…
Nigeria and the World Bank!-->!-->!-->!-->!-->…
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