PETROAN Calls for NNPC Refinery Sale by Early 2026
PETROAN urges the Nigerian government to privatise state-owned refineries by Q1 2026 to cut costs and boost efficiency. NNPC, however, is reviewing viability over an outright sale.
Category : Search result: NNPC debt unconstitutional
N2.7 Trillion Spent on External Debt Service in Q2 2025
Nigeria's debt burden deepens as 45.2% of Q2 2025 revenue goes to servicing external loans. Experts warn of fiscal risks and crowding out of critical spending. Read the full analysis.
OML 30 Sees Rising Production After Major Restructuring
Heritage Energy says years of restructuring and investment in OML 30 are now yielding rising production and stronger reserves. The firm prioritized long-term stability over short-term gains.
NNPC cuts petrol price by N175 in 2025, competes with Dangote
NNPC Limited reduced petrol prices by over N175 in Lagos during 2025, driven by competition from Dangote Refinery. The price now stands at N785 per litre ahead of Christmas. Read the full analysis.
Nigeria's Q2 2025 External Debt Service Hits N2.70tr
Nigeria's external debt service consumed 45.2% of Q2 2025 revenue, as total public debt stock rises to N152.40 trillion. Experts warn of exchange-rate risks and financing conditions.
Nigerian States With Lowest Petrol Prices Revealed
NBS data shows petrol prices fell 12.59% year-on-year in November 2025. See the top 10 cheapest states and the impact of NNPC and Dangote refinery price cuts.
Nigeria Aims to Resume Oil Production in Ogoniland
The Nigerian government is pushing to resume crude oil production in Ogoniland, Rivers State, marking a major shift in a long-standing dispute. Read about the new peace efforts and economic implications.
DMO Issues Fresh Warning to States Over Borrowing Rules
The Debt Management Office urges state governments to strictly comply with borrowing laws to avoid loan approval delays. Learn the key guidelines for responsible debt management.
NNPC's Oleum Promo Returns: Win Up to ₦100 Million
NNPC Retail relaunches its Oleum Scratch & Win promo with bigger prizes, including ₦100 million cash, cars, and generators. Learn how to participate from Dec 20, 2025, to March 31, 2026.
Fuel Price War: Petrol Slashed by N100 as Dangote Fights Marketers
A fierce price war erupts in Nigeria's fuel market as Dangote Refinery's free delivery forces stations to cut petrol prices by up to N100 per litre. Discover how this battle benefits consumers.
MRS, NNPC Stations Defy Dangote's Lower Petrol Price
Filling stations in Lagos and other cities are still selling petrol at N850-N990 per litre, ignoring Dangote Refinery's new N699 rate. Find out why prices remain high and when relief is expected.
Dangote Refinery Cuts Fuel Price to N699/Litre in Lagos
Dangote Refinery announces a new petrol price of N699 per litre at its Lagos gantry, offering hope for cheaper fuel nationwide. Nigerians react as calls grow to end fuel imports.
Dangote Refinery Cuts Fuel Price to N699/Litre
Dangote Refinery reduces petrol price to N699 per litre at its Lagos gantry, exciting Nigerians and prompting calls to end fuel imports. Read public reactions and details.
ARCON: Oyo State's Ad Vetting Directive is Unlawful
Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.
Civil Society Rates NNPC Boss High on Performance
A coalition of civil society groups has commended NNPC GCEO Engr. Bashir Bayo Ojulari for transformative leadership, citing record profits and increased oil production. Read the full appraisal here.
Civil Society Commends NNPC's Ojulari for Oil Sector Turnaround
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
Dangote Refinery Slashes Petrol Price to N699, Offers Free Delivery
Dangote Petroleum Refinery announces a N699 per litre gantry price for petrol station owners, with free nationwide delivery and a 10-day credit facility. IPMAN urges members to patronise the refinery.
NNPC Petrol Price List: Abuja N835, Lagos N840, Gombe N965
NNPC releases new petrol prices nationwide ahead of Christmas. Abuja is now the cheapest at N835 per litre, while Gombe is the most expensive at N965. See the full state-by-state breakdown here.
Fuel Prices Drop: NNPC, MRS, Others Announce New Rates
NNPC, MRS, and Ardova have reduced petrol pump prices across Nigeria, with cuts up to N80 per litre, following Dangote Refinery's major price review. Discover the latest rates in Lagos and Abuja.
Tinubu Nominates Oritsemeyiwa Eyesan as NUPRC CEO
President Bola Tinubu nominates Oritsemeyiwa Eyesan, an NNPC veteran with 33 years of experience, as the new Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Discover her career journey and strategic impact on Nigeria's oi
Fuel Now N739/Litre in Lagos, Lady Shares Photo Proof
A Nigerian lady shares proof of a Lagos filling station selling fuel at N739 per litre, sparking reactions. Details on Dangote Refinery and NNPC price cuts inside.
Power Generation Drops as Vandals Hit Gas Pipeline
Nigeria's electricity supply plummets after gas pipeline vandalism disrupts the national grid. NISO activates emergency measures as millions face blackouts. Details inside.
Fuel Price Crashes After Dangote Refinery Slashes Rate
Following Dangote Refinery's price cut to N699 per litre, private depot prices have crashed, ranging from N702.50 to N820. MRS stations now sell at N739. Read the full impact.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
Nigeria Wins $285m Award Against TotalEnergies
A tribunal orders TotalEnergies to pay $285.2m to NNPC, closing a decade-long oil dispute. This landmark ruling redefines corporate accountability and contract enforcement in Nigeria's energy sector. Read the full analysis.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
Fuel Depot Prices Crash 14% After Dangote Rate Cut
Petrol prices at Lagos depots have plunged by 14% to N710 per litre following Dangote Refinery's aggressive price slash, sparking a rush by marketers. Discover the market realignment.
NNPC Reduces Petrol Price Following Dangote Refinery
NNPC slashes petrol prices in Lagos and Abuja after Dangote Refinery's price cut, sparking a potential fuel price war. Get the latest updates and analysis.
Zamfara APC Opposes Governor's 2026 Budget, Urges FG Action
Zamfara APC accuses Governor Dauda Lawal of unconstitutional budget presentation, urges Federal Government to suspend allocations. Party cites flaws in N861bn proposal.
ADC to Protest FG's N500bn Debt to Contractors, Pensioners
The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.
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