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Maduro’s Capture: How Venezuela’s Oil Revival Threatens Nigeria’s Exports
Energy expert Rolake Akinkugbe-Filani examines the U.S. capture of Venezuelan President Maduro and its far-reaching implications for global oil markets and Nigeria.
Key Points :
The U.S. captured President Maduro, aiming to!-->!-->!-->!-->!-->!-->!-->!-->…
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Electricity Supply to Nigerians From the National Grid Drops
Electricity supply to Nigerians from the national grid has declined sharply to 3,810 megawatts (MW) as of January 11, 2026, according to data released by the national grid operator.This represents a significant reduction of 520 MW!-->!-->!-->!-->!-->…
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FG Turns to Asset Sales to Fund 2026 Budget
At the heart of this strategy is a target to raise ₦189.16 billion in 2026 through the sale and privatisation of national assets
President Bola TinubuAs Nigeria prepares to implement what is set to be one of its largest national!-->!-->!-->!-->!-->…
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Meeting Between Trump and Oil CEOs Highlights Fundamental Tension
Prof. Wumi Iledare
By Saidu AbubakarIn furtherance of incisive analysis of the global energy landscape with US-Venezuela tension as central, renown petroleum economist, Prof. Emeritus Wumi Iledare, PhD, PEPE, FEIN, FNAEE,!-->!-->!-->!-->!-->…
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Dangote/Marketers Fuel Supply Deal Breaks Down As Petrol Imports Surge
A fuel supply arrangement between the Dangote Petroleum Refinery and a group of 20 major petroleum marketers has collapsed, triggering a sharp rise in petrol imports and renewed volatility in Nigeria’s downstream oil sector.The!-->!-->!-->!-->!-->…
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NUPRC, NMDPRA Excellent Optics And Desirable Synergy – Prof Iledare
Prof. Wumi IledareIn what looks like a perfect analogy stemming out of desirable synergy, for the first time since PIA came into force, a renown petroleum economist, Prof. Wumi Iledare has observed that the promise embedded in the!-->!-->!-->…
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CBN Floats N1.15trn Treasury Bills As Liquidity Mop-Up Intensifies
The Central Bank of Nigeria has opened Nigerian Treasury bills worth N1.15 trillion for investor subscription, signalling an intensified effort to absorb excess liquidity from the financial system.The auction comes just a day after!-->!-->!-->!-->!-->…
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The New NMDPRA Boss Addresses Staff, Unveils Strategic Vision For A New Era Of Regulatory Excellence
Engr. Saidu Aliyu MohammedThe new Authority Chief Executive, Engr. Saidu Aliyu Mohammed on Wednesday held his first Town Hall Meeting with all staff of The Authority and outlined a strategic vision anchored on regulatory excellence and!-->!-->!-->…
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₦8trn NNPC debt write-off: Obi accuses FG of normalising financial recklessness
Former LP Presidential candidate, Peter ObiFormer Anambra State Governor and Labour Party presidential candidate, Peter Obi, has sharply criticised what he described as an emerging “era of financial recklessness” in Nigeria, following!-->!-->!-->…
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Lagos ports receive 31 vessels with petrol products, others
Lagos ports are gearing up for a busy period in January 2026, with the arrival of 31 vessels carrying essential goods, including petroleum products and food items. These vessels are expected to dock at two of the nation’s premier!-->!-->!-->!-->!-->…
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