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Industry
NRM presidential aspirant seeks return of fuel subsidy
A presidential aspirant on the platform of the National Rescue Movement, Faduri Oluwadare Joseph, has urged the federal government to restore fuel subsidy to cushion the impact of rising petroleum prices on Nigerians.
Joseph made!-->!-->!-->!-->!-->…
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Nigeria’s Foreign Reserves Top $50bn, Highest Since 2009
Nigeria’s gross external reserves have surged to about $50 billion, marking the highest level seen since January 2009, according to data from the Central Bank of Nigeria.
The reserves, currently at $49.9 billion, reflect an increase!-->!-->!-->!-->!-->…
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DisCos rake in N207.49bn in revenue December 2025 – NERC
The Nigerian Electricity Regulatory Commission (NERC) says electricity distribution companies (DisCos) generated N207.49 billion in revenue from N258.66 billion billed to customers in December 2025.
The regulator disclosed this in!-->!-->!-->!-->!-->…
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NERC gives private grid-connected substations 45 days to register
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday ordered owners of private grid-connected transmission substations to register within 45 days.
This was contained in a statement on NERC’s official X handle.
The!-->!-->!-->!-->!-->!-->!-->…
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Niger Delta coalition demands decentralization of pipeline surveillance contract
President-General, Coalition of Niger Delta Ethnic Nationalities, Dr Alaye Tari Theophilus, says decentralisation of the pipeline surveillance contract will act as a deterrent to crude oil theft.
Theophilus made this statement on!-->!-->!-->!-->!-->…
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Senate Summons Mele Kyari, Ajiya, Others Over Unaccounted N210trn
…Questions N5bn spent on transition from NNPC to NNPC Ltd
…Threatens warrant of arrest
The Senate has summoned Mele Kyari, the immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited!-->!-->!-->!-->!-->!-->!-->…
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How Nigeria can achieve gas-led industrialization – Shell
Managing Director, Shell Nigeria Gas (SNG), Ralph Gbobo during the panel section
Nigeria can harness her gas resources for industrialisation if it achieves stable regulatory enforcement, fair pricing and infrastructure ownership models!-->!-->!-->…
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Africa and Venezuela Forge a New South–South Energy Axis
Ag. President Delcy Rodríguez in warm handshake with NJ Ayuk
By Silverline Ifeanyi Onyeabor
As global energy geopolitics continue to fragment along new economic lines, a strategic realignment is quietly taking shape across the Global!-->!-->!-->!-->!-->…
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How APPO Plans to Anchor $500 Billion in African Hands
By Silverline Ifeanyi Onyeabor
In its February 2026 editorial, the African Petroleum Producers’ Organization (APPO) delivers more than a routine policy reflection. It presents a strategic recalibration of Africa’s hydrocarbon!-->!-->!-->!-->!-->…
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Between Hydrocarbon Dependence and Climate Commitments
By Ese Ufoma
Nigeria’s oil and gas industry is entering a defining phase where profitability, regulatory reform and decarbonization must be managed simultaneously, and unlike previous cycles driven purely by crude price volatility!-->!-->!-->!-->!-->…
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