Valuechain - Nigeria's foremost Online Energy News Platform

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, has reaffirmed the company's strategic direction towards value creation, competitiveness and efficiency as the foundation of its…
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Federation Accounts Allocation Committee (FAAC) The era of states struggling to pay salaries may have passed, but the era of real development is yet to arrive. Despite record-breaking allocations from the Federation Account, questions…
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…Orders migration to ISO 20022, geo-tagging compliance The Central Bank of Nigeria (CBN) has issued a directive to all commercial banks, microfinance banks, mobile money operators, and other licensed participants in the Nigerian…
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The Debt Management Office (DMO) has announced that it raised a total of ₦136.16bn from the Federal Government of Nigeria (FGN) bond auction held in August 2025, reflecting sustained investor confidence despite a tighter yield…
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Deputy National Chairman of the Labour Party, Ayo Olorunfemi has criticized the Nigeria Labour Congress for what he described as selective activism in response to government policies. Speaking in an interview on TVC News, Olorunfemi…
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South Africa imports more than 70 per cent of its oil from Nigeria, Acting High Commissioner and Consul General of the Republic of South Africa, Bobby Moroe, has said. Speaking at the Outward Selling Mission Programme in Lagos,…
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The National Bureau of Statistics (NBS) has revealed that the average retail price of Premium Motor Spirit (PMS), popularly known as petrol or fuel, rose by 33.02 per cent year-on-year to ₦1,024.99 per litre in July 2025 compared to…
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The Nigeria Data Protection Commission has commenced a sector-by-sector investigation of organisations suspected of violating provisions of the Nigeria Data Protection Act 2023. Babatunde Bamigboye, NDPC’s head of legal,…
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Nigeria’s Bonny Light crude oil grade slid below the $70 per barrel mark, reflecting rising domestic output that exceeded the Organisation of Petroleum Exporting Countries and allies’ (OPEC+) quota. The grade, which had traded as…
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Nigeria is set to marking one of the fastest downstream expansions globally as crude oil output remained above its OPEC+ quota of 1.50 mb/d for the second consecutive month, averaging 1.50 mb/d in July (June: 1.50 mb/d), underpinned by…
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