Industry

NUPRC CCE, Engr. Gbenga Komolafe The Energy Governance Alliance (EGA), a coalition advocating transparency and reforms in Nigeria’s oil and gas industry, has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and…
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The newly established Ibeto Seaport and Terminal Command of the Nigeria Customs Service (NCS) has recorded a revenue of ₦4.24 billion within just two months of commencing operations. The pioneer Customs Area Controller, Comptroller…
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The Central Bank of Nigeria on Monday will begin its 302nd Monetary Policy Committee meeting. This comes as the Centre for the Promotion of Private Enterprise urged for an interest rate and cash reserve ratio cut. The 302nd two-day…
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Africa’s richest man and the President of Dangote Group, Aliko Dangote, has accused the Nigerian Union of Petroleum and Natural Gas Workers of collecting as much as N50,000 on every truck that loads fuel at the refinery, warning that…
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Crude Oil The Federal Government has disclosed that a total of 67,657,559 barrels of crude oil were supplied to local refiners for processing between January and August 2025. This figure, confirmed by the Nigerian Upstream Petroleum…
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The Nigerian National Petroleum Company Limited (NNPC) has opened door to Egypt to provide technical expertise as Nigeria expands new oil fields frontiers. To achieve broader steps towards enhancing energy production the Egyptian…
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Nigeria’s upstream oil sector posted a year-on-year increase in production, averaging 1.63 million barrels per day of crude oil and condensates in August 2025, compared to 1.58 million bopd recorded in the same period last year. …
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History was made penultimate week when the the first ever Dangote Refinery Booking Office was launched in Ibadan, Oyo State. The marvelous feat was achieved by Okay Petroleum Limited under the leadership of Mrs. Motunrayo Ajeigbe…
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Nigeria’s fiscal condition remains under strain as the Federal Government spent a staggering 69 per cent of its total 2024 revenues on debt servicing. This was revealed in the latest Budget Implementation Report (BIR) released by…
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According to a report today, Nigeria’s major state-owned refineries in Port Harcourt, Warri, and Kaduna continue to lie largely idle despite billions of dollars spent on rehabilitation, sparking frustration among the public, industry…
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