KEY POINTS The Federal Government has suspended the issuance of import licences for Premium Motor Spirit (PMS), commonly known as petrol, for the second consecutive month, signalling a significant shift …
PIA
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KEY POINTS The Nigerian National Petroleum Company Limited, NNPC Ltd, recorded a significant drop in revenue in January 2026, with earnings falling by 47 percent to N2.57 trillion, compared with …
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Nigeria’s oil regulator, the NUPRC, has warned crude suppliers to comply with their obligations to provide adequate crude oil to local refineries, as stipulated by the new Petroleum Industry Act …
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TotalEnergies, a global oil and gas company, has shown its commitment to developing its host communities in Nigeria by fully funding five trusts with $15 million. The trusts, known as …