Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s crude oil revenue suffered a setback in July, with the country losing approximately N249 billion due to a significant drop in oil output. The latest oil production data, seen on Sunday, revealed that the nation’s oil…
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The Jigawa State Task Force on Petroleum products has shut down five filling stations for tampering with their metres and engaging in some activities to shortchange customers. The Taskforce Chairman, Colonel Muhammad Alhassan (Rtd)…
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Nigeria, Algeria and Egypt are expected to dominate the African natural gas and liquefied natural gas (LNG) supply market from 2023 to 2027. This is according to data from the African Energy Chamber in its August 2023 State of…
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The Central Bank of Nigeria (CBN) is planning to renew the currency swap arrangement with the Chinese government next year, according to a senior lawyer, Femi Falana. Falana disclosed this on a Television program on Friday, saying…
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...Nigeria Pillar of Sports Stakes ₦1m for grabs By Saidu Abubakar The much touted Igwe Orizu Diamond Football U-20 Competition, powered by the Nigeria Pillar of Sports, Chief Donatus Agu-Ejidike JP kicks-off in Nnewi Anambra…
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By Yange Ikyaa An Adjutant Professor of North Dakota University, USA, Engr. Dr. Wisdom Patrick Enang, has recommended multiple ways to stimulate forex in order to save the falling Naira. Dr. Enang offered the recommendation over…
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*The government's deregulation program has more than doubled the cost of petrol Petrol prices will continue to rise in Nigeria as long as the government presses ahead with its agenda of deregulation, economic analyst and businessman…
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Oil marketers have said that the federal government’s assurance that the pump price of petrol will not rise beyond N617 per litre implies the funding of subsidy payments. On Tuesday, the presidency was said to be considering a…
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A former Senior Special Assistant to the President (Office of the First Lady), Ike Neliaku, has said that refineries across the country are not working because some persons deliberately frustrated it for selfish gains. Ike, in a…
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NNPCL was supposed to focus on energy security while the CBN focuses on financial security The Independent Petroleum Marketers Association criticized NNPC for obtaining a $3B loan for Naira stabilization, alleging misuse of power …
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