Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon OsakaIn 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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HOUSTON’S MESSAGE TO AFRICA: INNOVATION MUST DELIVER MORE BARRELS, LOWER COSTS AND BETTER RETURNS
By Kunle Odusola-StevensonThe future of Africa’s oil and gas industry will not be determined by the resources beneath its soil alone but by how effectively it deploys technology, attracts investment and translates policy into!-->!-->!-->!-->!-->…
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‘Qatar, Saudi Now Poach Our Best Hands’ PETAN Raises Alarm As Brain Drain Hits Nigeria’s…
● Wole Ogunsanya says Nigeria needs aggressive human capacity devt, $6bn in Equipment to handle 3 million barrels output targetThe Chairman of the Petroleum Technology Association of Nigeria, PETAN, Engineer Wole Ogunsanya, has!-->!-->!-->!-->!-->…
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Winners Emerge in NCDMB Essay Competition
...As Board Highlights Importance of Youths, Manufacturing, to Local ContentGeneral Manager, Corporate Communications Division (CCD), Dr. Obinna Ezeobi presenting the grand prize of the 2026 NCDMB Annual National Undergraduate Essay!-->!-->!-->…
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HOUSTON’S MESSAGE TO AFRICA: INNOVATION MUST DELIVER MORE BARRELS, LOWER COSTS AND BETTER RETURNS
By Kunle Odusola-StevensonThe future of Africa’s oil and gas industry will not be determined by the resources beneath its soil alone, but by how effectively it deploys technology, attracts investment and translates policy into!-->!-->!-->!-->!-->…
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States receive 85% of Nigeria’s resources, FG gets only 15% – Finance Minister
Taiwo OyedeleTaiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, says the subnationals received about 85 percent of Nigeria’s resources, leaving the federal government with 15 percent despite its extensive!-->!-->!-->…
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AKK Gas Pipeline Hits 95% Completion — FG
The Federal Government, on Thursday says it posted a milestone towards expanding Nigeria’s gas infrastructure that targets strengthening domestic supply following 95 per cent completion of the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline.
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CBN sells N2.63 trillion OMO bills, N629 billion above initial offer, as stop rates rise
The Central Bank of Nigeria (CBN) sold N2.628 trillion in Open Market Operations (OMO) bills at its October 22, 2026 auction, exceeding its initial N2 trillion offer by N628.52 billion, or 31.43%, as stop rates increased across both!-->!-->!-->…
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Domestic refineries received 156.51mboe in nine months
Domestic refineries in the country have received a cumulative supply of 156.52 million barrels of crude oil between January and September 2026. Of this quantity, volume, 125.85 million barrels or 80.4 per cent, were sourced from!-->!-->!-->…
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Tinubu Govt Under Fire As N1,350 Petrol Discount Remains Unimplemented Two Weeks After Announcement
According to a report by Daily Post on October 22, 2026, two weeks after Finance Minister Taiwo Oyedele announced the plan, the Federal Government still hasn't put the ₦1,350 per liter petrol price at Nigerian National Petroleum!-->!-->!-->…
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Five Years After PIA Enactment, Akpabio Charges Stakeholders on Performance, Accountability
The President of the Senate, Senator Godswill Obot Akpabio, has challenged stakeholders in Nigeria’s petroleum industry to translate the Petroleum Industry Act (PIA) into measurable economic gains, insisting that the success of the!-->!-->!-->…
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