Industry

Recent comments made by the Chairman of BUA Group, Alhaji Abdul Samad Rabiu, have stirred debate regarding the revocation of his company’s concession at the Rivers Port Terminal B in Port Harcourt. In a widely circulated article,…
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(AFRICAN EXAMINER) – President Bola Tinubu signed the “Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025”, to end the high operating costs in the Nigerian oil and gas sector, compared to global average. This is…
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Crude oil prices are set for another weekly decline following news that OPEC+ was planning to boost production by another 411,000 barrels daily in July. Meanwhile, a court ruling that blocked Trump’s tariffs has been paused after…
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Host communities in the Niger Delta region have threatened to ground Nigeria’s crude oil production over a prolonged dispute with Nigerian National Petroleum Company Exploration & Production Limited (NEPL) and its partners. …
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Coalition of over twenty advocacy groups under umbrella of Civil Society Coalition for Energy Transparency and Development in Nigeria (CSCEDN) have concluded arrangements to mobilise its members to headquarters of Nigerian National…
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Nigerians have dumped the Nigerian National Petroleum Company Limited (NNPC) retail outlets over high prices of premium motor spirits. A DAILY POST correspondent who went round major NNPC retail outlets in Abuja observed low…
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According to reports by Vanguard, President Bola Tinubu has formally approached the House of Representatives for approval of a comprehensive borrowing package, which includes over $21.5 billion in external loans and a ₦757.9 billion…
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 Dr. Titus Okunronmu, a former Director, Budgetary Department of Central Bank of Nigeria (CBN),  has commended the Dangote Refinery for reducing pump price of petrol from N885 to N870. Okunronmu made the commendation in an interview…
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The federal government of Nigeria is still seeking over $500 million loan from the World Bank The World Bank has urged the Federal Government to issue a presidential order increasing excise duties on certain goods to increase its…
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Shell Nigeria Exploration and Production Company Ltd (SNEPCo) says Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects. …
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