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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Nigeria’s Gas Exports Climb to $2.53bn in Q1 2026 Amid Push for FX Diversification
Nigeria’s strategic pivot toward natural gas is yielding substantial financial dividends, with export revenues climbing to $2.53 billion in the first quarter of 2026.
According to the latest Balance of Payments Highlights released!-->!-->!-->!-->!-->…
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Nigeria Exceeds OPEC Quota As PINL’s Gains Boost Oil Production
Nigeria has exceeded its OPEC crude oil production quota for the first time in 2026, with improvements along the Trans Niger Pipeline (TNP) under the management of Pipeline Infrastructure Nigeria Limited (PINL) contributing!-->!-->!-->…
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FG to end estimated billing with 7m meter rollout – Verheijen
The Federal Government has unveiled plans to deploy seven million electricity meters across the country as part of a major reform programme aimed at ending estimated billing, improving revenue collection and restoring confidence in!-->!-->!-->…
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Strait Of Hormuz Ship Traffic Assurance By Vance Leads To Oil Price Decrease
Quartz · Alex Brandon-Pool/Getty Images
Oil prices extended their decline on Thursday after Vice President JD Vance told reporters that tankers carrying more than 12 million barrels had crossed the Strait of Hormuz overnight.
By!-->!-->!-->!-->!-->…
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NNPC, TotalEnergies Deepen Partnership To Accelerate Methane Emission Reduction Through Advanced…
NNPC Ltd’s Executive Vice President, Upstream, Udy Ntia (2nd from right) and TotalEnergies Country Chair and Managing Director, Matthieu Bouyer (1st from left), signing an MoU to extend the deployment of the Airborne Ultralight!-->…
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Shell Appoints Elohor Executive Vice President And Country Chair Nigeria
Elohor Aiboni
Former Managing Director Shell Nigeria Exploration and Production Company Limited (SNEPCo) Elohor Aiboni, currently on assignment as Asset Director at Brunei Shell Petroleum, has been named Executive Vice President and!-->!-->!-->…
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AEW 2026 to Position Transmission at the Center of Africa’s Data Center Buildout
The rapid expansion of AI and cloud computing is driving substantial capital deployment into Africa’s digital infrastructure. This positions high capacity hyperscale campuses as a core asset class.
South Africa remains the largest!-->!-->!-->!-->!-->…
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NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme
... For Supply Base Services
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Shell Nigeria Exploration and Production Company (SNEPCo) and Lagos Deep Offshore Logistics (LADOL), has commenced a!-->!-->!-->!-->!-->…
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The N159trn question nobody in Abuja wants to answer
On the 31st of March 2026, President Bola Ahmed Tinubu sent a letter to the national assembly. In it, he asked for permission to borrow $6 billion from abroad. The request arrived wrapped in the usual language of fiscal responsibility,!-->!-->!-->…
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NCDMB Hosts Ghana National Oil Coy On Local Content Benchmarking Study
Officials of the Ghana National Petroleum Corporation (GNPC) with NCDMB personnel during a knowledge sharing and local content benchmarking visit by GNPC to Nigerian Content Tower
A delegation from the Ghana National Petroleum!-->!-->!-->…
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