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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Oando Broadens Energy Portfolio, Joins African Energy Week 2026
Oando Energy has joined African Energy Week (AEW) 2026 as an Emerald Sponsor with compelling financial momentum after reporting a 10 per cent year‑on‑year rise in profit after tax to ₦241.3 billion in profit for the full year 2025.
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NCDMB, Seplat Firm up Plans for Take-off of Centre of Excellence at DELSU
Key Management staff of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc met with principal officers of the Delta State University (DELSU), at Abraka, Delta State, on Monday to deliberate on critical!-->!-->!-->…
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When Buhari came, our borrowing was N13tn, when he left, it was N87trn, Now we are hitting N200trn —…
Peter Obi, a member of the African Democratic Congress ADC and former presidential candidate for the Labour Party LP in the 2023 election, has given his take on the hardships in the Nigerian economy.
Several Nigerians have taken to!-->!-->!-->!-->!-->…
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Nigeria’s oil recovery falls short of 1.5mbpd target
Nigeria recorded a rebound in crude oil production in March, but continued to fall short of its 1.5 million bpd output target.
Latest data from the Organization of the Petroleum Exporting Countries (OPEC) shows that Nigeria’s!-->!-->!-->!-->!-->…
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Nigeria’s electricity output increases to 4,300MW amid higher gas supply – FG
The Federal Government has announced that electricity generation increased from 3,951 megawatts (MW) to 4,300MW between March 28 and April 10, driven by improved gas supply to power plants.
This!-->!-->!-->!-->!-->…
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Fuel Prices Up By 50%, Diesel 70% as Global Oil Shock Hits Nigerian Economy
Nigeria’s domestic fuel market has come under renewed pressure following the escalation in global oil prices with petrol and diesel costs recording sharp increases that are already impacting households and businesses across the!-->!-->!-->…
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FG Grants Import Duty Waivers On Mass Transit Buses, EVs, Others
*The development followed President Bola Ahmed Tinubu’s directive to key economic officials to design measures to cushion the impact of the ongoing Middle East crisis on Nigerians, particularly amid rising fuel prices
Photo of President!-->!-->!-->…
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Tinubu Urged To Unlock World Bank Grants As Nigerians Groan Under Delays
The Founder and President-General of a prominent non- governmental advocacy group, the Grant Community Discipleship Movement (GCDM), Rev.(Dr.) Moses Chooji, has made a passionate appeal to President Bola Ahmed Tinubu, Dr. Ngozi!-->!-->!-->…
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FG cuts import tariffs on rice, cars, drugs: What Nigerians must know about the new 2026 fiscal…
Wale Edun, Finance Minister
Nigeria’s Federal Government has introduced sweeping changes to its import tariff structure, reducing duties on critical goods such as rice, vehicles, pharmaceuticals, and industrial inputs as part of the!-->!-->!-->…
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NNPC revenue up by 4.24% to hit N2.680tn in February
The Nigerian National Petroleum Company (NNPC) Limited at the weekend announced that its revenue soared by 4.24 per cent in February 2026 to N2.68 trillion from the N2.57 trillion recorded in January.
This was contained in the NNPCL!-->!-->!-->!-->!-->…
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