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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Stockbrokers’ conference to focus on economic prosperity
The Chartered Institute of Stockbrokers (CIS) will use its 30th annual conference in Lagos to examine how record capital mobilisation can translate into faster growth, productive investment and shared prosperity.
The annual!-->!-->!-->!-->!-->…
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CBN probes banks’ restriction of customers’ access to forex accounts
•To issue circular to commercial banks
•As banks place limits on dispensable amounts
There's rising concerns over restrictions imposed by some banks on customers. The situation is not different in banks located in other parts of!-->!-->!-->!-->!-->!-->!-->…
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NUPRC, NMDPRA, NNPC, IOCs Converge on Lagos for Hydrocarbon Measurement Talks
Nigeria’s petroleum regulators, leading oil and gas producers, fiscal institutions and measurement technology providers from across the world will gather in Lagos for the 6th Nigeria Hydrocarbon Measurement Conference (NiHMEC).
The!-->!-->!-->!-->!-->…
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FG seeks fresh $1.5bn World Bank loan
World Bank
The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026.
Documents obtained from the World!-->!-->!-->!-->!-->…
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AFRICA’S REFINING MOMENT — AND NIGERIA’S INFLECTION POINT
By Kunle Odusola-Stevenson
Africa stands at a defining moment in the evolution of its energy economy.
For decades, the continent has exported crude while importing a substantial share of the refined petroleum products needed to!-->!-->!-->!-->!-->!-->!-->…
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Fuel Subsidy a Scam that will Hurt Nigeria Again – Alex Otti
Governor Alex Otti of Abia State
Abia State Governor, Alex Otti, has backed the removal of fuel subsidy, saying those calling for its return do not mean well for Nigeria.
Otti stated this in an exclusive interview aired by Arise!-->!-->!-->!-->!-->…
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NCDMB launches In-house Academy for Knowledge-sharing among Staff, Stakeholders
As part of efforts to enhance the capacity of its staff to effectively lead and regulate the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), on Thursday inaugurated its LearnFest Lecture Series, a!-->!-->!-->…
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Africa’s Capital Base Steps Up to Finance the Next Energy Build-Out at AEW 2026
Africa’s energy investment gap is increasingly being addressed through a broader pool of African financial institutions, regional lenders and private investors. With the continent’s energy finance gap estimated at between $31 billion!-->!-->!-->…
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UNGA81: Nigeria Warns Debt Burden Squeezing Africa, Developing Nations
News Investigators/ Nigeria has called for urgent reform of the global financial architecture, warning that heavy debt servicing was diverting scarce resources from education, healthcare and infrastructure in developing countries.
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DisCos Collect N1.41trn In 7 Months
Nigeria’s 11 electricity distribution companies (DisCos) have collected N1.41 trillion from customers in the first seven months of 2026, pushing average collection efficiency above last year’s level, but industry watchers warn that!-->!-->!-->…
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