Industry

Oil prices fell as weaker global demand forecasts and a sharp rise in U.S. crude inventories pressured the market. Brent dropped 2.47% to $86.78 a barrel, while WTI fell 2.81% to $80.93. Supply disruptions around the Strait of Hormuz…
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Prof. Omowumi O. Iledare President Bola Ahmed Tinubu’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (DOEO 2026) deserves neither an automatic applause nor an instinctive criticism. My reaction…
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The Nigerian National Petroleum Company Limited (NNPC) has welcomed the Federal Government's signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing it as a landmark reform that…
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*The conference takes place as part of AEW 2026 at CTICC 1 in Cape Town from October 12-16 The institutional architecture around African power investment has grown considerably more sophisticated in recent years, with multilateral…
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The development is significant for Nigeria’s refining ambitions as the country seeks to reduce its dependence on imported petroleum products by ensuring that domestic refineries have adequate crude feedstock …
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Nigeria’s manufacturers have called on the Central Bank of Nigeria (CBN) to ease monetary policy, arguing that elevated borrowing costs are constraining production, discouraging investment and slowing the growth of the country’s…
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…Says Nigerians are still multidimensionally poor…Faults subsidy removal, says policy deepened hardship Presidential candidate of the African Action Congress, AAC, Omoyele Sowore, has urged the Federal Government to stop relying on…
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According to a report by DAILY POST on Monday, August 10, 2026, some filling stations in Abuja have again reduced the pump price of petrol following a fresh price reduction announced by Dangote Refinery. A market survey conducted on…
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… As Nigeria Pushes for sustainable Energy By Jauhar Suleiman Salihu The World Energy Council Nigeria has formally inaugurated its new Board, signalling a strategic shift towards positioning Nigeria as a solutions-driven player…
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President Bola Ahmed Tinubu The Nigerian Naira has had a long history of depreciation, but no period in the last 64 years of Nigeria’s existence can compare to the speed and scale of collapse witnessed under President Bola Ahmed Tinubu.…
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