Industry

President Bola Ahmed Tinubu has announced the implementation of new tax reforms, which will take effect from January 2026, emphasizing fairness and equity in Nigeria’s fiscal system. The announcement was made on his official X…
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The Debt Management Office (DMO) said it will open two federal government bonds for auction, valued at N200 billion, with a subscription price of N1,000 per unit.DMO disclosed this today in a statement, noting that the offers will be…
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The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on course to ramp up crude oil output to 2.5 million barrels per day by 2026, following its strategy to…
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The three tiers of Nigerian government, federal, state, and local government councils, have shared the total of N2.001 trillion, being the July 2025 Federation Account Revenue. The revenue was shared at the August 2025 Federation…
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Dangote depot owners slash petrol and diesel prices Nigeria’s petroleum market has entered another wave of price cuts as Dangote Petroleum Refinery and private depot operators slash petrol and diesel prices across key supply hub. …
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The frequent amendments to the key Petroleum Industrial Act could hamper investment in the nation’s oil and gas sector, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned. President of PENGASSAN,…
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Corruption has been identified as the main factor militating against the rehabilitation and operation of Port Harcourt Refinery. The secretary of Alesa Stakeholders’ Forum, Comrade Timothy Mbere, made this known in an interview with…
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Bashir Bayo Ojulari, GCEO, NNPCL In just four months as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bayo Ojulari has initiated wide-reaching changes aimed at stabilising the…
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NNPC Limited has launched a new business model aimed at boosting value creation, efficiency, and competitiveness in Nigeria’s oil and gas sector. The announcement was made by the Group CEO, Bashir Bayo Ojulari, during the PENGASSAN…
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Ahmed Galadima Aminu The Executive Secretary of the Petroleum Technology Development Fund (PTDF), Ahmed Galadima Aminu has called for stronger collaboration among government, industry, academia, and labour unions to prepare Nigeria’s…
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