Valuechain - Nigeria's foremost Online Energy News Platform

According to a report published by Channels TV, Obong Victor Attah, the former Governor of Akwa Ibom State, has revealed that former President Olusegun Obasanjo halted his efforts to provide electricity to the people of Akwa Ibom,…
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The Dangote Petroleum Refinery has announced an upward adjustment in the price of Premium Motor Spirit (PMS), or petrol, citing a consistent surge in the price of Brent crude, the global benchmark for oil as reported by The PUNCH. …
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The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Festus Osifo, has warned that the price of Premium Motor Spirit (PMS) may increase soon if crude oil prices continue to climb. …
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Washington-based think tank Brookings Institution has projected that Africa’s GDP would grow by 4.2 per cent in 2025. This was indicated in its latest Foresight Africa report published on Tuesday, suggesting an improvement from the…
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The World Bank has projected that Nigeria’s economy will grow by 3.5% in 2025 and improve slightly to 3.7% in 2026, driven by increased services sector activity and gradual improvements in macroeconomic stability. These forecasts,…
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has revealed that petrol prices could drop below N600 per liter if the naira strengthens to less than N1,000 per dollar. PENGASSAN President, Comrade…
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The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery is helping reduce Nigeria’s reliance on imported fuel. In its Monthly Oil Market Report released on January 15, 2025,…
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The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has clarified that fluctuations in the pump price of petrol will now be determined by crude oil prices in the international market, following the full…
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A year after an eyewatering slide against the dollar, the naira is enjoying a rare run of stability, and analysts expect it to last. Nigeria’s battered currency has lost 70% against the greenback since foreign exchange controls were…
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Olubunmi Tunji-Ojo The Minister of Interior, Olubunmi Tunji-Ojo, revealed that the Ministry successfully executed various multi-billion Naira capital projects in 2024, despite receiving zero capital allocation. This achievement, he…
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