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Energy expert Rolake Akinkugbe-Filani examines the U.S. capture of Venezuelan President Maduro and its far-reaching implications for global oil markets and Nigeria. Key Points : The U.S. captured President Maduro, aiming to…
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Electricity supply to Nigerians from the national grid has declined sharply to 3,810 megawatts (MW) as of January 11, 2026, according to data released by the national grid operator. This represents a significant reduction of 520 MW…
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At the heart of this strategy is a target to raise ₦189.16 billion in 2026 through the sale and privatisation of national assets President Bola Tinubu As Nigeria prepares to implement what is set to be one of its largest national…
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Prof. Wumi Iledare By Saidu Abubakar In furtherance of incisive analysis of the global energy landscape with US-Venezuela tension as central, renown petroleum economist, Prof. Emeritus Wumi Iledare, PhD, PEPE, FEIN, FNAEE,…
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The Federal Government has earmarked ₦115 billion in the 2026 budget for the reintegration of former militants under the Presidential Amnesty Programme. The allocation aims to support “transformed” ex-agitators and promote…
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*A cross-party group of 21 MPs has called for FIFA to ban the USA from a World Cup they are due to co-host this summer, over Donald Trump's actions in Venezuela Donald Trump drew out the card of United States during the World Cup draw…
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Global oil prices remained under pressure on Thursday as markets reacted to advancing negotiations between the United States and Venezuela that could pave the way for sanctioned Venezuelan crude to re-enter international trade flows. …
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A fuel supply arrangement between the Dangote Petroleum Refinery and a group of 20 major petroleum marketers has collapsed, triggering a sharp rise in petrol imports and renewed volatility in Nigeria’s downstream oil sector. The…
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Prof. Wumi Iledare In what looks like a perfect analogy stemming out of desirable synergy, for the first time since PIA came into force, a renown petroleum economist, Prof. Wumi Iledare has observed that the promise embedded in the…
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The Central Bank of Nigeria has opened Nigerian Treasury bills worth N1.15 trillion for investor subscription, signalling an intensified effort to absorb excess liquidity from the financial system. The auction comes just a day after…
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