Petrol Sales in Dollars: Time for Nigeria to Rethink FX Policies
Nigeria’s oil and gas sector is once again at the centre of economic debate following the recent decision by the Dangote Petroleum Refinery to stop selling petroleum products in naira. This move follows the Nigerian National Petroleum!-->!-->!-->…
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Government Commits to Transforming Agriculture into Private-Sector-Driven Economy
By Ese UfuomaAt a recent Presidential Roundtable on Agriculture held in Abuja, Minister of Agriculture and Food Security, Abubakar Kyari, articulated a strategic vision for Nigeria’s agricultural sector, positioning the nation as a!-->!-->!-->…
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Africa’s Cobalt, Lithium, and Manganese: A Resource Boom or Just Another Bust?
By William Emmanuel UkpojuAfrica is at the heart of the global energy transition. With an estimated 30% of the world’s critical minerals—including 70% of global cobalt reserves, significant lithium deposits, and large manganese!-->!-->!-->…
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Nigeria’s Gas Sector Revolution: Ekpo Highlights Transformation, Infrastructure Boom
By Patience Chat MosesAt the opening ceremony of the 8th Nigeria International Energy Summit (NIES) in Abuja, Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, delivered a compelling address highlighting the!-->!-->!-->…
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Rewriting Africa’s Energy Playbook to Fight Energy Poverty
By William Emmanuel UkpojuIn the storied narrative of modern development, the story of energy is inseparable from the progress of the West. Coal, oil, and natural gas powered the industrial revolutions that transformed economies,!-->!-->!-->!-->!-->…
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60,000-Litre Petrol Tankers Banned in Nigeria: What this Means for Fuel Distribution
By Ese UfuomaIn a decisive move to enhance road safety and streamline fuel distribution, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has ordered a ban on 60,000-litre capacity petrol tankers,!-->!-->!-->!-->!-->…
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NNPC: Tinubu Kicks Out Mele Kyari, Appoints Bayo Ojulari As New GCEO
President Bola Tinubu has approved a reconstitution of the Nigerian National Petroleum Company Limited (NNPC) board, removing the chairman, Chief Pius Akinyelure and the Group Chief Executive Officer, Mele Kyari.Presidential!-->!-->!-->!-->!-->…
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NNPC-SNEPCo donate vehicles, ambulance to boost security, healthcare in Lagos
L-R: Safety & Environment Manager, Shell Nigeria Exploration and Production Company Limited (SNEPCo), David Aghaiyo; Deputy Manager, External Relations, NNPC Upstream Investment Management Services (NUIMS), Olubunmi Edith Lawson; !-->…
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Petrol Pump Price Increase over the weekend
Petrol prices in Lagos surged over the weekend, with pump prices rising to between N925 and N935 per litre.According to The Nation, this increase follows a rise in the landing cost of petrol, the halt in Dangote Refinery’s!-->!-->!-->!-->!-->…
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Oil marketers raise alarm over looming high cost of transportation, food amid fuel price surge
The PETROAN president said that the rising prices of petrol would affect the transport faresThe President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has warned that higher!-->!-->!-->…
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