Industry

According to Punch, the Organisation of the Petroleum Exporting Countries (OPEC) has expressed optimism that Nigeria’s Dangote Petroleum Refinery will help stabilize fuel supply and reduce petrol prices as it moves toward full-scale…
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As Nigeria pushes forward with its ambitious N54.9 trillion budget for 2025, experts are raising alarms that President Donald Trump’s aggressive energy policy could severely impact the nation’s revenue projections, especially its $75…
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…N2.3 Trillion Other Debts Nigerian electricity consumers face an uncertain future as the power sector continues to flounder under a staggering N7.2 trillion burden of subsidies and accumulated debts. Recent reports reveal that…
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The Nigerian Midstream Downstream Petroleum Regulatory Agency (NMDPRA) has granted Falcon Corporation Limited, 25-years Gas Distribution Licence (“GDL”). A statement by the Managing Director of the firm, Prof. Joe Ezigbo, said the…
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According to reports, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a significant decline in crude oil theft, bringing the volume down to 5,000 barrels per day. This reduction has led to an increase in oil…
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Importers seeking to send goods to Nigeria are increasingly turning to other West African nations to evade excessive port charges. In less than a month, multiple government agencies, terminal operators, and shipping companies at…
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Economist and energy expert Kelvin Emmanuel has raised concerns over the continued importation of fuel into Nigeria despite claims that the country’s refineries are operational. With an ongoing legal dispute between Dangote and the…
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The Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited were upbeat about growth prospects of Nigeria’s gas subsector and the potential boost to industrialisation as the groundbreaking ceremony for a…
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The Nigerian National Petroleum Company Limited (NNPC) has firmly dismissed a viral video alleging that its premium motor spirit (PMS) falls short compared to fuel from Dangote Refinery. According to Channels Television, in an…
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... Despite local refineries resumption Nigerians have expressed concerns over the continued importation of petrol by the Nigerian National Petroleum Company Limited (NNPC), despite the reported operational resumption of local…
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