Nigeria Petrol Supply Hits 40.1ml/d in March 2026 as Imports Support Market Stability
By Elizabeth Ugbo Nigeria’s petrol supply rose to 40.1 million litres per day in March 2026, according to the Nigerian…
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Nigeria Boosts Oil Production to 1.84 Million Barrels Per Day Amid Anti-Theft Crackdown
By Elizabeth Ugbo Nigeria’s crude oil production has risen to 1.84 million barrels per day as government efforts to curb…
Dangote Refinery Boosts Nigeria’s Energy Security Amid Global Crisis
By Elizabeth Ugbo In Nigeria, the Dangote Refinery, owned by Aliko Dangote, has transformed the nation’s fuel supply since October…
Court Orders Final Forfeiture of $13m Linked to Aisha Achimugu
By Elizabeth Ugbo A Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to businesswoman…
Naira-for-Crude Policy Fails to Lower Fuel Prices in Nigeria
By Elizabeth Ugbo Nigeria’s naira-for-crude policy, introduced in 2024 to boost local supply, has not reduced fuel prices in 2025,…
Tinubu Establishes Presidential Petroleum Reform Taskforce to Drive Sector Reforms
By Elizabeth Ugbo President Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform & Value Optimisation Taskforce…
NCDMB Signs Management Deal for Radisson Hotel and Conference Center Yenagoa
By Elizabeth Ugbo The Nigerian Content Development and Monitoring Board (NCDMB) on Monday signed an International Management Agreement (IMA) with…
NGF Urges Direct Oil Revenue Remittance to Federation Account
By Elizabeth Ugbo The Nigeria Governors’ Forum (NGF) has urged the federal government to ensure that oil and gas revenues…
Nigeria Oil Revenue and Petrol Prices: Middle East Crisis Raises Fresh Concerns
By Elizabeth Ugbo Nigeria could earn higher oil revenue as tensions rise between the United States, Israel, and Iran, but…
Tinubu Halts NNPC Deductions as N2.1tn Oil Revenue Remittance Sparks Industry Concerns
By Elizabeth Ugbo President Bola Tinubu has ordered the Nigerian National Petroleum Company Limited to remit all oil and gas…