Valuechain - Nigeria's foremost Online Energy News Platform

The newly inaugurated Board of the Nigerian National Petroleum Company Limited (NNPC) has appealed to Nigerians for patience and collaboration as it begins a critical mission to restructure and improve the country’s oil and gas sector.…
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Nigeria’s economy is showing signs of renewed momentum, with improvements in oil production playing a pivotal role in stabilizing the nation’s macroeconomic landscape. Recent data and expert commentary suggest that the long-beleaguered…
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Nigerian petroleum marketers have implemented a fresh premium motor spirit (PMS) price reduction following Dangote Refinery’s announcement of a downward price review. Our reporter who went around Abuja observed that MRS…
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The Nigerian National Petroleum Company Limited (NNPC Ltd) on Saturday announced a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC), beginning on May 24, 2025. This was contained in a statement by the…
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Champions of Nigerian Content Awards: Former President, Federal Republic of Nigeria & recipient of Nigerian Content lifetime Achievement award, His Excellency, Dr. Goodluck Ebele Jonathan; Executive Secretary, NCDMB, Engr. Felix…
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…Committee threatens sanction The Senate Committee on Public Accounts chaired by Senator Aliyu Wadada has threatened to sanction the external auditors of the Nigerian National Petroleum Company Limited, NNPC for shunning its summons…
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L-R: Gbolabo Cole; head, PoS services and web payments, UBA, Alero Ladipo, group head, marketing and corporate Communications, UBA, Shamsideen Fashola, group head, retail and digital banking and Olukayode Olubiyi, head, digital banking…
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The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has disclosed that the Federal Government has renewed the licence for the crude oil exploration in the Kolmani area of Bauchi and Gombe States. He made…
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The Central Bank of Nigeria (CBN) has significantly slashed its net loans and receivables by over N4 trillion in 2024, marking a strategic pivot from expansive lending—particularly to the Federal Government—towards a more conservative…
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The Lagos Chamber of Commerce and Industry (LCCI) has praised the federal government for its bold economic reforms, stabilising the macroeconomic environment and stressed the need to deepen these gains through inclusive, job-creating…
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