FG Allocates N1.1trn for Power Sector in 2006 Appropriation Bill
The Federal Government has allocated over N1.1 trillion to the power sector in the 2026 Appropriation Bill, an amount higher than the N900 billion budgeted for the sector in 2025.
However, stakeholders have raised concerns as no!-->!-->!-->!-->!-->…
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NUPRC Slams Operators With N10bn Fine Via Real-Time Flare Monitoring
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ramped up real-time flare monitoring via advanced metering infrastructure, issuing over ₦10 billion in fines last year alone, reaffirming its commitment to eradicating!-->!-->!-->…
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With Increased Macroeconomic Stability, Total Value of Stocks On NGX Hit N149.7tn
The Nigerian Exchange Limited (NGX) closed 2025 on a strong note as the total market value of listed equities, debt instruments, and Exchange Traded Funds (ETFs) soared to an unprecedented N149.7 trillion, buoyed by renewed investor!-->!-->!-->…
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Ojulari Highlights NNPC’s 2025 Milestones, Charts Pathway for 2026
*Says deeper trust among employees and stakeholders will define the company's future
The Group Chief Executive Officer (GCEO) of NNPC Limited, Mr. Bashir Bayo Ojulari, has said that the company is entering 2026 with a collaborative!-->!-->!-->!-->!-->…
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After Subsidy Was Removed, States Began Receiving More Money, What Are Govs Doing With Them? –…
During an interview on Trust TV, former Director-General of the National Orientation Agency, Idi Farouk, drew attention to the financial implications of fuel subsidy removal and the responsibilities it has placed on state governments.!-->!-->!-->…
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MDAs allocate billions for stationeries despite paperless operation
Federal Secretariat, Abuja
Despite the recent launch of paperless operations by the Federal Government through the Head of Civil Service of the Federation, many ministries, departments and agencies allocated huge sums of money running!-->!-->!-->…
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Seplat Energy backs NGX’s net-zero drive, to end gas flaring
Seplat Petroleum Development Company Plc Seplat
Seplat Energy Plc at the weekend reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their!-->!-->!-->…
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Oil steadies with Iran and Trump’s Greenland threat to the fore
Oil steadied as tensions over Iran cooled and wider markets had a risk-off tone with President Donald Trump’s push to take Greenland.
Brent traded near $64 a barrel, while West Texas Intermediate was above $59. While there wasn’t a!-->!-->!-->!-->!-->…
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SON, NMDPRA certify use of lubricant product
Standards Organization of Nigeria SON
Standards Organisation of Nigeria (SON) and Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have certified the use of the synthetic lubricant product PIBREUM SN-9000 5W-30.!-->!-->!-->…
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Moniepoint to build Africa’s tech talent pipeline
Moniepoint Inc has restated its commitment to help in building the tech talent pipeline in Nigeria and other parts of the continent.
Co-Founder and Chief Technology Officer, Moniepoint Inc, Felix Ike, who gave the commitment when!-->!-->!-->!-->!-->…
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