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Nigeria’s crude oil production, including condensate, declined sharply by 8.3 per cent year-on-year to 1.544 million barrels per day in December 2025, according to data released by the Nigerian Upstream Petroleum Regulatory Commission…
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Nyesom Wike, FCT Minister The Federal Capital Territory Administration (FCTA) has said that 10 out the 14 demands of the workers that are on strike have been met, adding that other demands are being looked into with a view to addressing…
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The Federal Government has allocated over N1.1 trillion to the power sector in the 2026 Appropriation Bill, an amount higher than the N900 billion budgeted for the sector in 2025. However, stakeholders have raised concerns as no…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ramped up real-time flare monitoring via advanced metering infrastructure, issuing over ₦10 billion in fines last year alone, reaffirming its commitment to eradicating…
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The Nigerian Exchange Limited (NGX) closed 2025 on a strong note as the total market value of listed equities, debt instruments, and Exchange Traded Funds (ETFs) soared to an unprecedented N149.7 trillion, buoyed by renewed investor…
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*Says deeper trust among employees and stakeholders will define the company's future The Group Chief Executive Officer (GCEO) of NNPC Limited, Mr. Bashir Bayo Ojulari, has said that the company is entering 2026 with a collaborative…
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During an interview on Trust TV, former Director-General of the National Orientation Agency, Idi Farouk, drew attention to the financial implications of fuel subsidy removal and the responsibilities it has placed on state governments.…
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Federal Secretariat, Abuja Despite the recent launch of paperless operations by the Federal Government through the Head of Civil Service of the Federation, many ministries, departments and agencies allocated huge sums of money running…
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Seplat Petroleum Development Company Plc Seplat Seplat Energy Plc at the weekend reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their…
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Oil steadied as tensions over Iran cooled and wider markets had a risk-off tone with President Donald Trump’s push to take Greenland. Brent traded near $64 a barrel, while West Texas Intermediate was above $59. While there wasn’t a…
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