Valuechain - Nigeria's foremost Online Energy News Platform

... As NNPC Moves To Import 1.6 Billion Litres Of Petrol A Coalition of Civil Society Organisations has vowed to go on protest over the decision by the Nigeria National Petroleum Company Limited (NNPC), to import over 1.6 billion…
Read More...

Crude Oil According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the country’s oil reserves have declined by 50 billion barrels over the past 14 years. According to the NUPRC, oil reserves shrank from 38 billion…
Read More...

Forex Economic analysts have indicated that while the nominal value of the 2025 budget has significantly increased, it has decreased by 18.25 per cent in dollar terms compared to the 2022 estimate. They stated this following the…
Read More...

Debt Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association (IDA) with its exposure climbing to $17.1bn as of September 30, 2024. According to the World Bank’s latest…
Read More...

The International Monetary Fund, IMF, has advised the Nigerian government to refine its reforms to make them acceptable and supported by the citizens who have been grossly affected by them. The IMF, in its latest Regional Economic…
Read More...

...Kyari never pledged to completely halt imports but instead to prioritise local refineries - NNPC Doctor Robinson Onuh, Executive Director of the Energy Reforms Advocates of Nigeria (ERAN), has condemned NNPC’s management, calling…
Read More...

…Say Expansionary Budget Will Further Fuel Inflation …N1,400 Benchmark Exchange Rate, $75 Oil Price Will Widen Fiscal Deficit Some financial experts have criticized Nigeria’s N47.9trn 2025 proposed budget for unrealistic…
Read More...

N221.28bn spent on alternative energy by manufacturers in H1, 2023 — Expert The worsening economic crisis being experienced by businesses may not be exclusive to the multinationals, as Nigerian Tribune’s checks revealed that Small…
Read More...

Petrol production at Nigerian business tycoon Aliko Dangote’s $20bn (£15.5bn) state-of-the-art oil refinery ought to be some of the best business news Nigeria has had in years. But many Nigerians will judge its success on two key…
Read More...

Dangote Refinery and the Independent Petroleum Marketers Association of Nigeria, IPMAN have signed a 60-million-litre weekly Premium Motor Spirit, PMS supply deal. This comes as IPMAN confirmed that fuel prices have marginally…
Read More...