The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
President Bola Ahmed Tinubu has tasked the newly inaugurated board of the Nigerian National Petroleum Company Limited (NNPCL) with the critical responsibility of using their industry experience and expertise to …
Renaissance Africa Energy Company Limited has been named the Nigerian Content International Upstream Operator of the Year at the 2025 Nigeria Oil and Gas Opportunity Fair (NOGOF), which was held …
Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …
A major European investment company, Union Investment, has removed French oil giant, TotalEnergies, from its sustainability funds after new accusations of human rights abuses surfaced concerning a massive oil project …
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …
Governor Peter Ndubuisi Mbah of Enugu State has appealed to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to fast-track the release of 13 percent oil derivation funds due to …
The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …