The Nigerian Upstream Petroleum Regulatory Commission NUPRC has released preliminary findings indicating that the recent gas bubbling and seepage observed in Bille Community Degema Local Government Area of Rivers State…
The persistent nationwide blackout plaguing Nigeria may soon ease as the Federal Government intensifies efforts to tackle the severe gas supply constraints hampering electricity generation from thermal power plants. Minister…
Nigeria experienced a significant decline in crude oil production during February 2026 according to the latest data released by the Organisation of the Petroleum Exporting Countries OPEC. The countrys output…
In a groundbreaking shift for Nigerias downstream oil sector the Dangote Petroleum Refinery now accounts for approximately 92 percent of the countrys daily petrol supply prompting the Federal Government to…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has called on the Federal Government to intervene by reducing the cost of crude oil supplied to the Dangote Petroleum Refinery. This…
The Dangote Petroleum Refinery has temporarily halted the loading of Premium Motor Spirit (PMS), also known as petrol, at its Lekki facility in Lagos. This suspension, which began recently with…
Nigerias organized retail and mall sector has suffered a significant blow as Shoprite the once dominant supermarket chain has completed its full shutdown of all stores across the country after…
The Central Bank of Nigeria (CBN) has confirmed that 30 banks have successfully complied with the new minimum capital requirements under the ongoing recapitalisation programme, marking a major milestone with…
The Nigerian Senate Committee on Public Accounts has summoned the immediate past Group Chief Executive Officer of the Nigerian National Petroleum Company Limited NNPCL Mele Kyari along with former Chief…
Ibom Air has implemented a strict new restriction on power banks following a recent safety directive from the Nigerian Civil Aviation Authority (NCAA). Effective from March 1 2026 passengers are…
