Nigeria’s earnings from crude oil exports fell sharply in the first two months of 2025, dropping by 17 percent year-on-year to $6.68 billion, according to figures from the Central Bank …
EconomyEnergyNigeriaOil & Gas
Category:
Oil & Gas
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GOVERNMENTNewsNigeriaOil & Gas
Jigawa Taskforce Warns Fuel Stations Against Meter Manipulation, Begins Statewide Crackdown
The Jigawa State Taskforce on Petroleum Monitoring, Sale, and Distribution has issued a strong warning to fuel station operators across the state, cautioning them against manipulating fuel dispensers to cheat …
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BusinessEconomyEnergyInfrastructureOil & GasPolicies
NNPC Shuts Down Port Harcourt Refinery for Maintenance, Just Months After Restarting Operations
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it is shutting down the Port Harcourt Refining Company (PHRC) for a planned maintenance exercise, starting from May 24, …
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BusinessDangote IndustriesEconomyInfrastructureManufacturingNigeriaOil & Gas
Dangote Plans Massive Fertiliser, Coal, and Oil Export, Eyes $7m Daily Revenue
The President of Dangote Industries Limited (DIL), Aliko Dangote, has said that his company is preparing to begin massive exportation of fertiliser, coal, polypropylene, and refined petroleum products in the …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
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BusinessDangote IndustriesEconomyEnergyInfrastructureOil & Gas
Port Harcourt Refinery Shutdown Sparks Reactions from Marketers and Industry Groups
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the shutdown of the Port Harcourt Refining Company by the Nigerian National Petroleum Company Limited (NNPC) is not a major …
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DevelopmentEducationNigeriaOil & GasTechnology
NNPC/FIRST E&P JV Trains 180 Teachers, Distributes 200 Digital Devices to Boost Education in Niger Delta
In a move to improve digital learning in the Niger Delta, the NNPC Limited and FIRST Exploration & Petroleum Development Company (FIRST E&P) Joint Venture, in collaboration with the Nigerian …
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DevelopmentEnergyEnvironmentGOVERNMENTNigeriaOil & Gas
NEITI Launches Framework to Improve Transparency and Climate Accountability in Nigeria’s Extractive Sector
The Nigeria Extractive Industries Transparency Initiative (NEITI) has introduced a new Energy Transition and Climate Accountability Framework. This new move is aimed at helping Nigeria manage its oil, gas, and …
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BusinessEconomyEnergyInfrastructureLeadershipNigeriaOil & Gas
Renaissance Africa Energy Clinches Top Honours at 2025 NOGOF Awards
Renaissance Africa Energy Company Limited has emerged as the Nigerian Content International Upstream Operator of the Year at the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), held in Yenagoa, …
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BusinessBusiness InsightsDevelopmentEconomyLeadershipNigeriaOil & GasPoliticsWestern Africa
Goodluck Jonathan Says Western Oil Firms Failed to Develop Nigeria, Blames Lack of Local Content and Weak Laws
Former President Goodluck Jonathan has said that the Western oil companies that discovered crude oil in Nigeria failed to develop the country because they did not transfer technical knowledge or …