Valuechain - Nigeria's foremost Online Energy News Platform

Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari The Group Chief Executive Officer of NNPC Limited, Mr. Bayo Ojulari, has said Nigeria’s $20 billion Bonga Southwest Aparo deepwater project marks a decisive shift in the…
Read More...

The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has stated that Africa remains dependent on hydrocarbons for revenue and foreign exchange, making sustained upstream production non-negotiable. Speaking…
Read More...

Former Kogi West lawmaker, Senator Dino Melaye, has shared his reservations about the state of Nigeria’s electricity sector. Speaking via a statement on 𝕏, Melaye lamented that Nigeria has been producing electricity for more than a…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...