Sunday, October 25, 2026
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UK Reaffirms Support for Nigeria’s Energy Transition Efforts

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The British High Commission in Abuja has reiterated its strong support for Nigeria’s energy transition during a courtesy visit by the First Secretary for...
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Business & Economy

No Oil Licencing Guidelines Was Violated – NUPRCDebuts Report On Expiration Of 40 Oil Block Licences

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has strongly denied allegations of guideline violations during the 2024 Oil Block Licensing Round, asserting that the...
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Fresh Oil Spill Hits Bayelsa’s Ogboinbiri Community Amid Growing Environmental Concerns

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A new oil spill has occurred in the Ogboinbiri community of Bayelsa State’s Southern Ijaw Local Government Area, near the Oando-operated flow station. The...
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News

JUST IN: NNPCL Reduces Petrol Price Per Litre

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The Nigerian National Petroleum Company Limited (NNPC) has lowered its retail price per litre for Premium Motor Spirit (PMS), popularly known as petrol or...
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Business & Economy

NNPCL Sacks Bala Wunti of Port Harcourt, Warri, Kaduna MDs refineries Other Top Officials

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The Nigerian National Petroleum Company Limited (NNPC) has sacked top officials of the national oil company, about 27 days after the exit of its...
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Business & Economy

Petrol Prices Set to Rise in Nigeria Amid Crude Supply Dispute and Global Oil Hike

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Nigerians face imminent fuel price increases following the expiration of the Crude for Naira agreement between NNPC Limited and Dangote Refinery, coupled with rising...
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Business & Economy

US Imports 2 Million Barrels of Jet Fuel from Dangote Refinery

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The United States has imported over two million barrels of aviation fuel from Nigeria’s Dangote Refinery in March, marking a major milestone for the...
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Business & Economy

Dangote Refinery Will Suspend Petrol Supply In The Nigerian Market

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The Dangote and federal government the naira-for-crude deal has now ended as Dangote Refinery will suspend loading petroleum products for Nigerian market amid delays...
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Business & Economy

Dangote Refinery Will Suspend Petrol Supply In The Nigerian Market

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The Dangote and federal government the naira-for-crude deal has now ended as Dangote Refinery will suspend loading petroleum products for Nigerian market amid delays...
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Business & Economy

Decline in Bonny Light Crude Price Threatens Nigeria’s 2025 Budget Revenue

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The price of Nigeria’s Bonny Light crude oil has dropped by 10.6% to $73.53 per barrel from $84.02 on January 15, falling below the...
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