Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s headline inflation rate in September 2024 rose to 32.70%, up from 32.15% in August 2024, marking a 0.55% increase month-on-month. This is the first increase in three months after the country’s inflation rate…
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Tim Latimer, CEO of Fervo Energy, at one of the company's enhanced geothermal drill rigs in Beaver County, Utah There’s a valley in rural southwest Utah that’s become a hub for renewable energy. Dozens of tall white wind turbines whoosh…
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Nigerian crude traded at a premium, above $80 a barrel, despite moderation in China’s inflation rate and an opaque situation surrounding the country’s economic stimulus plans, which have triggered concerns about energy demand in the…
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Nigerians may soon face a renewed inflation surge due to continuous rising petroleum prices as announced by the Nigerian National Petroleum Commission, despite the Central Bank of Nigeria’s (CBN) efforts to curb rising prices. …
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Nigeria’s external debt is projected to approach $50 billion by the end of the third quarter of 2024, as the Debt Management Office (DMO) prepares to release the latest public debt data. As of March 31, 2024, Nigeria’s total public…
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President Bola Tinubu Stakeholders in the country’s oil and gas industry at the weekend expressed growing apprehension over the delay of the Government in signing off on some International Oil Companies (IOCs) divestment deals which…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN) hopes for a lower fuel price as talks to lift petrol directly from the Dangote Refinery begin on Tuesday. It was learnt that the independent marketers have opened…
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Few weeks ago, several media outlets in the country had announced with fanfare that a litre of fuel in Libya was the equivalent of N52 at a time, Nigerians were paying close to N1,000 for the same quantity of fuel. One national…
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Peter Obi, the Labour Party's presidential candidate for the 2023 elections, has raised important concerns about the National Nigerian Petroleum Company Limited (NNPC) and the confusion surrounding its regulation.  He explained that…
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The Nigerian Ports Authority (NPA) has announced that seven vessels are scheduled to berth at Lagos ports, with five of these ships carrying petroleum products, indicating the country’s continued high demand for fuel imports. …
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