The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has directed regulatory agencies to clamp down on marketers hoarding or exploiting consumers following the recent sharp rise in the …
Oil & Gas
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Consumer AffairsEconomyEnergyGovernment PolicyMarketsNigeriaOil & GasPetroleum
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BusinessEconomyEnergyInfrastructureLabourOil & Gas
NNPC Blames Temporary Gas Price Hike on PENGASSAN Strike Disruption
by Omolaraby OmolaraThe Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has attributed the recent increase in cooking gas prices across the country to …
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BusinessEconomyEnergyInfrastructureOil & GasTrade
Nigeria’s Petrol Import Falls to Eight-Year Low Amid Refining Reforms
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
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BusinessEnergyGovernanceLabourNigeriaOil & Gas
PENGASSAN Strike Grounds NNPC, Regulators, Threatens Fuel Supply
The nationwide strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Monday paralysed operations at critical oil and gas institutions, raising fears of fuel …
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Community DevelopmentEconomyGovernanceNigeriaOil & GasPolicies
Niger Delta Communities Push for Full Implementation of Petroleum Industry Act for Development
Oil-producing communities in the Niger Delta are taking fresh steps to ensure they harness the benefits of the Petroleum Industry Act (PIA) for rapid and sustainable development. Stakeholders from across …
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Nigerian businessman, Femi Otedola, has strongly denied claims linking him to the controversial fuel subsidy fraud investigated under former President Goodluck Jonathan’s administration. He described the allegations made by Umar …
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BusinessEconomyEnergyLabourNewsNigeriaOil & Gas
Dangote Refinery Sacks Workers Amid Gasoline Unit Shutdown
Nigeria’s Dangote Oil Refinery has laid off some of its workers, raising concerns about stability at Africa’s largest private refinery project. A copy of a letter from the company, sighted …
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AfricaBusinessEconomyEnergyINVESTMENTOil & Gas
Heirs Energies Showcases African Leadership in Oil and Gas at African Energy Week 2025
Heirs Energies, one of Africa’s indigenous-owned integrated energy firms, has said its success in reviving declining oil assets is proof that African companies can unlock value in areas where international …
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Corporate Social Responsibility,DevelopmentEconomyEducationEnergyOil & Gas
Eni’s Agip Subsidiary Awards Postgraduate Scholarships to 30 Nigerians
Nigerian Agip Exploration Limited (NAE), a subsidiary of Italian energy giant Eni, has awarded postgraduate scholarships to 30 Nigerians under the 2025/2026 NNPC-NAE Production Sharing Contract (PSC) Scholarship Awards Scheme. …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
IPMAN President Urges Dialogue as DAPPMAN, NUPENG Clash with Dangote Refinery
The National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Abubakar Shettima, has called on the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) and the Nigerian …