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  • In the News

    Nigeria Suspends Petrol Import Licences as Local Refining Output Rises

    by Ikeoluwa Juliana Ogungbangbe March 12, 2026
    by Ikeoluwa Juliana Ogungbangbe March 12, 2026

    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 …

  • In the NewsOil & Gas

    NNPC Revenue Falls 47% to N2.57trn in January Despite Slight Rise in Profit

    by Ikeoluwa Juliana Ogungbangbe March 10, 2026
    by Ikeoluwa Juliana Ogungbangbe March 10, 2026

    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 …

  • In the News

    Nigeria’s Oil Regulator to Crack Down on Crude Suppliers for Local Refineries

    by Motoni Olodun November 3, 2023
    by Motoni Olodun November 3, 2023

    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 …

  • Oil & Gas

    TotalEnergies Leads the Way in Funding Host Communities in Nigeria

    by Motoni Olodun October 31, 2023
    by Motoni Olodun October 31, 2023

    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 …

Latest Stories

  • Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5 Million Barrels Target
  • DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect Energy Security
  • Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026
  • Seplat Confirms Exchange Rate for ₦68.26 Billion FY2025 Dividend as Profit Surges
  • Museveni Backs East African Regional Refinery Plan After Talks With Dangote

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5 Million Barrels Target
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect Energy Security

Latest Stories

Oil Firm Backs Nigeria’s Push to Hit OPEC 2.5...
DAPPMAN Rejects Dangote Refinery Lawsuit, Says Import Licences Protect...
Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026

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