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By Danlami Nasir Isah, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a Profit After Tax of N7.2 trillion for the year ended December 31, 2025.The figure, contained in its audited results released…
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The Federal High Court in Abuja has ordered the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to continue issuing and renewing petroleum products import licences for Matrix Energy, A.A. Rano and AYM Shafa,…
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...The cost of living in Nigeria is about to kill the livingDo you remember Falz’s “This Is Nigeria” song? The song where he asks us to look around and see how we are living? On Thursday, September 17, 2026, that song was playing…
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The Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010 and the exponential growth of local content in the oil and gas industry since the enactment in year 2010 were the key talking points among pioneering Management…
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Crude oil prices started the week higher after President Donald Trump rejected Iran’s peace proposal, raising concerns that the conflict could continue and disrupt global oil trade.At the time of writing, Brent crude was trading at…
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Nigeria’s grid-connected power plants operated at an average of 86 per cent of available capacity in August 2026, the Nigerian Electricity Regulatory Commission (NERC) has said.This is contained in NERC’s August 2026 factsheet,…
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The Chartered Institute of Stockbrokers (CIS) will use its 30th annual conference in Lagos to examine how record capital mobilisation can translate into faster growth, productive  investment and shared prosperity.The annual…
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•To issue circular to commercial banks •As banks place limits on dispensable amountsThere's rising concerns over restrictions imposed by some banks on customers. The situation is not different in banks located in other parts of…
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Nigeria’s petroleum regulators, leading oil and gas producers, fiscal institutions and measurement technology providers from across the world will gather in Lagos for the 6th Nigeria Hydrocarbon Measurement Conference (NiHMEC).The…
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World Bank The Federal Government has opened discussions with the World Bank for three new loans totalling $1.5bn, even as Nigeria’s public debt climbed to a record N166.79tn at the end of June 2026.Documents obtained from the World…
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