Exclusive

Publication

Byline

Location

How NNPC official approved N3.4 billion in suspicious payments without GMD's authorisation - Audit Report

Nigeria, Nov. 23 -- A report by the office of Nigeria's Auditor-General has revealed that the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPC Ltd) approved a sta... Read More


Nigeria-West Africa grid synchronisation to boost regional electricity market - Minister

Nigeria, Nov. 20 -- The Minister of Power, Adebayo Adelabu, on Wednesday said Nigeria has successfully conducted a grid synchronisation test connecting the national electricity grid with the interconn... Read More


Emadeb begins oil production from Ibom field

Nigeria, Nov. 18 -- Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P) said it has commenced commercial production from Ibom Field Petroleum Prospecting Licence (PPL 236). The com... Read More


Nigeria's inflation rate eases for seventh consecutive month

Nigeria, Nov. 17 -- Nigeria's inflation rate eased for the seventh consecutive month to 16.05 per cent in October from 18.02 per cent a month earlier. "The October 2025 headline inflation rate showed... Read More


Real reasons for petrol price reduction - Dangote Refinery

Nigeria, Nov. 17 -- Dangote Petroleum Refinery on Monday dismissed claims that the recent reduction in pump prices by oil marketers is a consequence of the federal government's reversal of the 15 per ... Read More


NUPRC announces plan to reactivate dormant oil fields

Nigeria, Nov. 14 -- On Thursday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced plans to reactivate all dormant oil fields. It also announced a plan to fast-track regulatory ... Read More


Nigerian govt halts implementation of 15% import duty on petrol, diesel

Nigeria, Nov. 13 -- The Nigerian government on Thursday said the implementation of a 15 per cent import duty on petrol and diesel, recently announced by President Bola Tinubu, is "no longer in view". ... Read More


Tinubu assures of Government's commitment to improve Nigeria's electricity

Nigeria, Nov. 11 -- President Bola Tinubu has assured Siemens Energy, the technical contractor handling the Presidential Power Initiative (PPI), of the government's full commitment to improving the co... Read More


NUPRC announces 2025 licensing round

Nigeria, Nov. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Tuesday announced the commencement of the 2025 licensing round, effective 1 December. In a statement on Tuesday, t... Read More


NUPRC approved 43 FDPs with $20 billion in committed capital - Official

Nigeria, Nov. 11 -- The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Monday it approved 43 Field Development Plans (FDPs) that can unlock 1.7 billion barrels of crude oil and 7.7 ... Read More