Energy

Nigeria’s Oil Regulator Accelerates Auctions and Tightens Rules to Reverse Output Decline

Nigeria’s upstream regulator is accelerating the pace of oil licensing rounds and introducing stricter “drill-or-drop” conditions in an attempt to reverse more than a...
Akeem Adebayo -
Energy

NNPC Records ₦3.09 Trillion Revenue, ₦279 Billion Profit in July 2026

NNPC Limited generated ₦3,087 billion in revenue and posted a profit after tax of ₦279 billion in July 2026, according to its latest monthly...
Akeem Adebayo -
Energy

Nigeria’s Oil Refining Sector Surges 43.94% in Q2 as Dangote Refinery Ramps Up

Nigeria’s oil refining sector recorded its strongest quarterly growth on record, expanding by 43.94 per cent year-on-year in the second quarter of 2026, driven...
Ola Adebayo -
Energy

NUPRC Clarifies $300 Helicopter Levy for Offshore Oil Operations

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified the application of the US$300 helicopter levy for air navigational services, confirming that the charge...
Akeem Adebayo -
Energy

Three Years On, Auto Dealers Still Shun Factory CNG Cars Despite FG Push

Three years after the Federal Government launched its Compressed Natural Gas (CNG) initiative to cushion the impact of petrol subsidy removal, many auto dealers...
Roland Edet -
Energy

NUPRC Registers 172 Host Community Trusts Under Petroleum Industry Act

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that 172 Host Communities Development Trusts (HCDTs) have been incorporated by oil and gas companies,...
Akeem Adebayo -
Energy

NUPRC Says Delayed Abuja Headquarters Is Hurting Nigeria’s Investment Image

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for the speedy completion of its proposed headquarters in Abuja, saying the prolonged delay is...
Akeem Adebayo -
Energy

TCN Rejects Kaduna Electric’s Claim of Transmission Problem in Jos

The Transmission Company of Nigeria (TCN) has rejected a claim by Kaduna Electric that transmission constraints were affecting electricity supply to Jos and surrounding...
Akeem Adebayo -
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Nigeria Leads ECOWAS Talks to Rebuild Ties With Sahel Alliance

Nigeria is leading a new round of diplomatic discussions between the Economic Community of West African States (ECOWAS) and...
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Nigeria Explores Defence and Industrial Cooperation with Spanish Firm

Nigeria’s Ambassador to Spain, Okezie Victor Ikpeazu, has visited Spanish defence and industrial manufacturing company Technology and Security Developments...
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After 17 Years of Darkness, FG Brings Electricity to Gombe Community

  The Federal Government has ended 17 years of electricity blackout in Tallasse and other parts of Balanga Local Government...

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Nigeria Leads ECOWAS Talks to Rebuild Ties With Sahel Alliance

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Nigeria Explores Defence and Industrial Cooperation with Spanish Firm

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Since the directive for the closing of parks and...
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