The Nigerian Economic Summit Group (NESG) has urged the Federal Government to accelerate the privatization of state-owned refineries, warning that
The African Petroleum Regulators Forum (AFRIPERF) has chosen Nigeria as its official headquarters and also elected the chief executive of
Nigeria’s average retail price for petrol fell by 11.18% year-over-year in October 2025, providing a significant, if possibly fleeting, moment
Seplat Energy Plc has announced the successful completion of the Inlet Gas Exchanger (IGE) replacement project on its East Area
The Federal Government has introduced a fresh $100 million equity investment programme aimed at strengthening the capacity and competitiveness of
HH Capital Limited, the special purpose investment vehicle owned by Tony Elumelu, has increased its stake in Transcorp Power in
The Nigerian Navy has deactivated five illegal refining sites in the creeks of the Niger Delta as part of ongoing
Nigeria’s federal government has confirmed that criminal gangs stole approximately one out of every six barrels of crude oil produced
The receiver has repossessed the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the court of appeal issued
Nigeria’s national oil company, NNPLC is carrying crude-backed loan obligations estimated at ₦8.07tn, according to an analysis of the Nigerian
The Dangote Petroleum Refinery has announced that it will commence large-scale supply of Premium Motor Spirit (PMS) to the Nigerian
The Nigerian Electricity Regulatory Commission (NERC) has reported a significant improvement in the commercial performance of electricity Distribution Companies (DisCos),
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