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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FG Inaugurates Advisory Committee To Drive Economic Reforms
The Federal Government has inaugurated a Ministerial Advisory Committee (MAC) to provide strategic guidance on Nigeria's fiscal and macroeconomic reforms, with a focus on strengthening economic growth, public financial management and…
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Oil Extends Gains After Latest US Strikes, Tech Suffers More Losses
...Tech firms were once again in the crosshairs, with South Korea's Kospi extending a painful selloff as chip titan SK hynix continued to be routed amid growing fears about the AI boom
A graphic illustration of barrels of crude oil
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OPEC predicts positive economic outlook for Nigeria
The Organization of Petroleum Exporting Countries (OPEC), yesterday said Nigeria’s economic outlook remains positive based on oil production, infrastructure investment and stronger business activity.
This was contained in its…
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THE MOHAMMED IDRIS DOCTRINE: BUILDING A REPUTABLE, INFORMED & UNITED NIGERIA (1)
Alh. Mohammed Idris, FNIPR, Honourable Minister of Information and National Orientation
By: Saidu Ahmed
"There must be, not a balance of power but a community power; not organized rivalries but a organized, common peace"-…
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No operator delivers alone: Why the 3mbpd target needs the whole value chain ready
President Bola Tinubu has set Nigeria’s oil industry a clear national ambition: three million barrels of crude per day by 2030. When Bashir Ojulari assumed office as Group Chief Executive Officer of NNPC Limited in April 2025, he…
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Nigeria: The Dangote Effect and Nigeria’s Energy Transition
The global conversation on energy transition has gained remarkable momentum in recent years. Across continents, governments are setting ambitious targets to reduce carbon emissions, expand renewable energy, and ultimately achieve…
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Nigeria Blows Past OPEC Quota As Output Hits 74-Month High
...The 1.56 million daily average production Nigeria witnessed in June is the highest that Africa’s biggest oil producer has recorded since April 2020
Nigeria’s crude oil and condensate production soared to an average of 1,735,398…
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IMF Sees Nigeria Outpacing Global Growth As Reforms Gain Traction, Warns AI Gap Could Stall…
Kristalina Georgieva, IMF Boss
Nigeria’s economic reforms are beginning to earn stronger international validation, with the International Monetary Fund (IMF) projecting that Africa’s largest economy will continue to outpace global…
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NLNG Wins Operational Excellence Award At NOG Energy Week 2026
Nigeria LNG Limited (NLNG) has won the Operational Excellence Award at the 2026 Energy Awards, held during the 25th edition of NOG Energy Week in Abuja.
The award recognised its strong operational performance, safety culture and…
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Petrol: It’s Reasonable to Expect That There Will be a Bit More Reductions on The Price…
Professor Ken Ife says Nigeria should carefully reconsider its continued membership of the Organization of the Petroleum Exporting Countries, arguing that the country must place its long term economic interests and expanding refining…
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