Trump’s Policies Destabilising Nigeria’s Market – FG Cries Out
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has stated that the inconsistencies in President Donald Trump policies are destabilizing the Nigerian market.
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Reps summon non-compliant petroleum depots, give 7-day ultimatum
The House Committee on Midstream has summoned petroleum depots that failed to meet regulatory standards, instructing them to present comprehensive working documents in Abuja within seven days.
This announcement was made on Tuesday!-->!-->!-->!-->!-->…
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Why Nigerians are yet to enjoy significant fuel price drop – Marketers
The Independent Petroleum Marketers Association of Nigeria has explained that the eventual renewal of the naira-for-crude deal between the Nigerian government, the Dangote Refinery and other refiners could not crash the price of!-->!-->!-->…
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Shell Hails Oloibiri Lecture Series As Platform For Change
Member, Society of Petroleum Engineers (SPE), Board of Trustees, Felix Chijioke Obike and General Manager, Wells and Geosciences Operations, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Joe Mordi during the 2025 SPE!-->…
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GenCos threaten shutdown over N4tr debt as Band A customers protest
• Demand immediate payment of N4tr debt• Manufacturers may continue to desert grid over collapse, seek fresh subsidies • Metering gap, payment for wire, transformers worsen service delivery
One year after increase in!-->!-->!-->!-->!-->…
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Oil Price Crash: Nigeria’s 2025 budget estimates in quandary
…As FG pushes for more production to mitigate revenue loss
Nigeria’s economic managers are frantically exploring ways to contain the fallout from the crude oil market rout after prices of the commodity plunged to a record low in!-->!-->!-->!-->!-->…
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Decline in international oil prices will affect infrastructure projects – Adelabu
…Seeks further collaboration With EU
Adebayo Adelabu, Nigeria’s minister of power has decried the impact of the continuous drop in international price of crude oil, stating that most laudable infrastructure transformation projects!-->!-->!-->!-->!-->…
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NMDPRA Rolls Out Discounted Gas Prices to Support Power Producers
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has slashed the price of natural gas for power generation companies.
This is coming amid about N2tn debt owed to gas companies by the power generation!-->!-->!-->!-->!-->…
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FG secures $2.3 bn to revamp transmission infrastructure – Adelabu
BusinessDay learnt that the OKOLOMA gas plant operated by the NNPC gas subsidiary has been shut down since March this year, taking out atleast 1000MW of power generation at atime of surging diesel price.
…Says Siemens Project has!-->!-->!-->…
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Nigeria Capital Market Evolution: Past, Present, Future
The capital market is often described as the gauge of any economy. It reflects the health of businesses, the investment climate, and the confidence of both local and international investors.
In Nigeria, the capital market has grown!-->!-->!-->!-->!-->…
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