NMDPRA suspends issuance of petrol import licences
...Says local production meets domestic demand
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) suspended the issuance of new import licences in February.
The NMDPRA announced the development in its!-->!-->!-->!-->!-->!-->!-->…
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NRM presidential aspirant seeks return of fuel subsidy
A presidential aspirant on the platform of the National Rescue Movement, Faduri Oluwadare Joseph, has urged the federal government to restore fuel subsidy to cushion the impact of rising petroleum prices on Nigerians.
Joseph made!-->!-->!-->!-->!-->…
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Nigeria’s Foreign Reserves Top $50bn, Highest Since 2009
Nigeria’s gross external reserves have surged to about $50 billion, marking the highest level seen since January 2009, according to data from the Central Bank of Nigeria.
The reserves, currently at $49.9 billion, reflect an increase!-->!-->!-->!-->!-->…
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DisCos rake in N207.49bn in revenue December 2025 – NERC
The Nigerian Electricity Regulatory Commission (NERC) says electricity distribution companies (DisCos) generated N207.49 billion in revenue from N258.66 billion billed to customers in December 2025.
The regulator disclosed this in!-->!-->!-->!-->!-->…
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NERC gives private grid-connected substations 45 days to register
The Nigerian Electricity Regulatory Commission (NERC) on Wednesday ordered owners of private grid-connected transmission substations to register within 45 days.
This was contained in a statement on NERC’s official X handle.
The!-->!-->!-->!-->!-->!-->!-->…
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Niger Delta coalition demands decentralization of pipeline surveillance contract
President-General, Coalition of Niger Delta Ethnic Nationalities, Dr Alaye Tari Theophilus, says decentralisation of the pipeline surveillance contract will act as a deterrent to crude oil theft.
Theophilus made this statement on!-->!-->!-->!-->!-->…
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Senate Summons Mele Kyari, Ajiya, Others Over Unaccounted N210trn
…Questions N5bn spent on transition from NNPC to NNPC Ltd
…Threatens warrant of arrest
The Senate has summoned Mele Kyari, the immediate past Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited!-->!-->!-->!-->!-->!-->!-->…
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Team Nigeria Intensifies Commonwealth Games Preparations in Asaba
Saidu Abubakar with Agency Reports
Team Nigeria’s athletics contingent has intensified preparations for the forthcoming Commonwealth Games, with its six-week first-phase camping programme now in its second week in Asaba, Delta!-->!-->!-->!-->!-->…
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Reforms, Safety Oversight, Airport Upgrades Shape Nigeria’s Aviation Outlook
By Anscella Obike
Nigeria’s aviation sector continues to navigate a delicate balance between reform ambitions and operational realities, as government authorities push for infrastructure improvements, stronger regulatory oversight,!-->!-->!-->!-->!-->…
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Buried Wealth, Vanishing Revenue: The Crisis in Nigeria’s Mining Industry
By Anscella Obike
Nigeria’s ambition to reposition its solid minerals sector as a pillar of post-oil economic diversification is facing a serious setback. Rampant illicit financial flows, weak oversight and entrenched informal!-->!-->!-->!-->!-->…
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