Highlights
- Petrol Price Chaos: Nigerians Face Fresh Burden
- Foreign investors retreat as Nigeria’s external accounts flip to deficit pressure in 2025
- Reps warn of imminent petrol scarcity, price hike
- Oil prices surge after Israeli strike on Iran’s South Pars gasfield
- Recent Fuel Price Hike and the Suffering of Nigerians
- Mozambique Oil Industry Withdraws from London Africa Energies Summit
- Oil prices bounce back 3% as Iran war halts supply
- Renaissance Africa highest gas producer in Nigeria in December – NNPC
- NUPRC Shortlists Firms for Nigeria’s Oil Block Licensing Auction
- Shell Restarts Bonga Field After Turnaround Maintenance
- CBN Moves to Shield Naira as War-Driven Volatility Hits Global Markets
Foreign investors retreat as Nigeria’s external accounts flip to deficit pressure in 2025
*BoP drops to $4.23bn as FPI slumps 48%
Nigeria’s external sector is showing signs of structural strain as capital flow dynamics shift, with a steep drop in foreign portfolio investment (FPI) and rising external outflows reshaping the country’s Balance of Payments position in 2025.
Fresh data released by the Central Bank of Nigeria (CBN)!-->!-->!-->!-->!-->!-->!-->…
Reps warn of imminent petrol scarcity, price hike
A file photo: Ikenga Ugochinyere
The House of Representatives Committee on Petroleum Resources (Downstream) has!-->!-->!-->…
Oil prices surge after Israeli strike on Iran’s South Pars gasfield
*There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation
!-->!-->!-->…
Recent Fuel Price Hike and the Suffering of Nigerians
Fuel Subsidy
In most cases, the impact has been negative, as higher fuel costs disrupt the production and!-->!-->!-->…
Mozambique Oil Industry Withdraws from London Africa Energies Summit
Home to come of the continent’s largest gas discoveries, Mozambique is emerging as an increasingly more!-->!-->!-->…
Trending News
Foreign investors retreat as Nigeria’s external accounts flip to deficit pressure in 2025
*BoP drops to $4.23bn as FPI slumps 48%
Nigeria’s external sector is showing signs of structural strain as capital flow!-->!-->!-->!-->!-->…
Reps warn of imminent petrol scarcity, price hike
A file photo: Ikenga Ugochinyere
The House of Representatives Committee on Petroleum Resources (Downstream) has raised fresh!-->!-->!-->…
Oil prices surge after Israeli strike on Iran’s South Pars gasfield
*There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation
Oil prices!-->!-->!-->!-->!-->…
Recent Fuel Price Hike and the Suffering of Nigerians
Fuel Subsidy
In most cases, the impact has been negative, as higher fuel costs disrupt the production and distribution of!-->!-->!-->…
Mozambique Oil Industry Withdraws from London Africa Energies Summit
Home to come of the continent’s largest gas discoveries, Mozambique is emerging as an increasingly more prominent voice on!-->!-->!-->…
Oil prices bounce back 3% as Iran war halts supply
Oil prices rose around 3% on Tuesday, clawing back some of the previous session’s losses on renewed supply fears, with the!-->!-->!-->…
Renaissance Africa highest gas producer in Nigeria in December – NNPC
Renaissance Africa Energy remains Nigeria’s highest gas producer, churning out 62.341 billion SCF, BSCF, of gas in one month!-->!-->!-->…