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)!-->!-->!-->!-->!-->…
Read More...
Read More...
Nigeria Installs 241,590 Electricity Meters In 2 Months
Electricity distribution companies in Nigeria installed 241,590 new meters in January and February 2026. The Nigerian Electricity Regulatory Commission (NERC) released the figures in its monthly metering fact sheet.
The companies!-->!-->!-->!-->!-->…
Read More...
Read More...
NNPC Accuses Dangote Refinery Of Seeking Fuel Monopoly In Court Filing
Nigeria’s state oil firm NNPC has accused Dangote Petroleum Refinery of seeking to restrict competition and expose the country’s fuel market to monopoly control by challenging import licences issued to rival marketers, according to!-->!-->!-->…
Read More...
Read More...
Uganda Assures Stable Fuel Supply Amid Global Oil Market Disruptions
Government says Uganda has sufficient fuel reserves despite Middle East instability affecting global oil markets, while new investments in storage, refining and supply infrastructure are expected to strengthen long-term energy!-->!-->!-->…
Read More...
Read More...
NNPC Assesses Chinese Investment In Port Harcourt, Warri Refineries
The Nigerian National Petroleum Company Limited is considering a new partnership arrangement that could see Chinese investors acquire a controlling stake in the Port Harcourt and Warri refineries as part of efforts to revive and expand!-->!-->!-->…
Read More...
Read More...
Nigeria’s Oil Exploration Declines 41.7% as Rig Counts Falls to 12 in April
Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities.
According to the May 2026 Monthly Oil Market Report (MOMR) of the!-->!-->!-->!-->!-->…
Read More...
Read More...
Egypt targets Nigeria’s CNG market as gas partnership deepens
*Compressed Natural Gas storage.
Egypt is moving to tap into Nigeria’s fast-growing compressed natural gas (CNG) market, with Egyptian automotive gas company Cargas signalling plans to expand operations into the country and support!-->!-->!-->…
Read More...
Read More...
World Bank Increases Guarantees To Mobilise $23bn Capital For Africa
The World Bank’s Multilateral Investment Guarantee Agency (MIGA) has unveiled plans to scale up its guarantee issuance in Africa to $6.4 billion annually over the next three and a half years, in a move expected to mobilise about $23!-->!-->!-->…
Read More...
Read More...
NMDPRA Threatens To Sanction Oil Firms Operating In Free Trade Zones Without Permits
*The latest directive is expected to tighten regulatory scrutiny in Nigeria’s oil and gas sector, particularly in free trade and export processing zones where some operators have historically claimed varying regulatory exemptions
!-->!-->!-->!-->!-->…
Read More...
Read More...
UNIPORT, UNIBEN Win Regional NCDMB-sponsored Engineering Olympiad
... Move to Boot Camp
Team PROTRONICS of University of Port Harcourt, winner of the South-South leg of the Nigerian Engineering Olympiad (NEO).
The University of Port Harcourt, represented by innovation Team PROTRONICS, and the!-->!-->!-->!-->!-->…
Read More...
Read More...
Cancel Fresh Petrol Import Licences, Jetties, Tank Farm Owners Urge FG
Owners of petroleum products jetties, and tank farms have urged the federal government to cancel fresh approvals for petrol import licences, saying further issuance wouldSpeaking through their group, the Jetties and Petroleum Tank Farm!-->!-->!-->…
Read More...
Read More...

