Beauty entrepreneur Laura Ikeji Kanu condemns the outrageous price surge for services like hair braiding in December, calling it exploitation of Nigerians abroad. Read her full outburst.
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 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.
The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
President Tinubu approves N185bn payment to gas producers to restore supply, boost electricity generation, and rebuild investor confidence in Nigeria's power sector.
The NNPC has reduced petrol pump prices by at least N20 across Nigeria, with new rates from N895 to N965 per litre. Depots in Lagos, Port Harcourt, Warri, and Calabar also adjust prices following new PMS arrivals.
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.
Nigerians get relief as petrol prices drop nationwide. NNPC and private depots cut rates after Dangote Refinery's pledge to supply 50 million litres daily, sparking intense market competition.
The European Union has agreed to ban all Russian gas imports by 2027, aiming to cut off funds for Moscow's war. Discover the timeline and implications for energy security.
Policy group CEAR praises NNPC's historic N5.4 trillion profit, crediting CEO Bayo Ojulari's leadership for resetting standards in Nigeria's oil and gas sector. Discover the details.
NCDMB and BOI launch a $100m Equity Investment Scheme to boost indigenous oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
Lagos slashes rice price to N57,000 per 50kg bag, triggering market-wide reductions. Farmers forecast further price drops ahead of Christmas but criticize import policies. Read for full market analysis.
Dangote Refinery increases cooking gas price to N820 per kg, triggering nationwide retail hikes just before Christmas. Analysts question the move amid favourable global oil trends. Read more.
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, paused after a deadly 2021 attack, faces new hurdles. Read more on the implications for Africa's energy sector.
Britain withdraws funding for TotalEnergies' Mozambique LNG project, citing national interests. The $20bn project, halted by jihadist violence, faces new hurdles. Read the full analysis.
Dangote Refinery reduces petrol ex-depot price to N840/litre, triggering competitive cuts among depot owners. The move follows NNPC's price adjustment and a global crude oil price crash to $60 per barrel. Read more on the festive season relief.
Nigeria launches ambitious 50-block oil and gas licensing round starting December 1. International roadshows planned to attract global investors and boost energy sector growth.
Lagos farmers predict further rice price drops after Governor Sanwo-Olu slashes Lagos Rice to ₦57,000. Quality local rice now competes with imports as Christmas approaches. Read more!
Lagos State Government reveals over 4,000 companies emit greenhouse gases. New registry launched to track emissions and promote environmental compliance across sectors.
Niger Delta accountability network refutes House Committee claims, says Petroleum Industry Act implementation is on track and bringing stability to oil sector. Read full details.
NNPC reduces petrol pump price to N905 per litre, but major marketers like Ardova and MRS offer cheaper fuel. Analysts predict further cuts as competition intensifies.
Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.
President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
President Tinubu celebrates Dr. Jackson Gaius-Obaseki's 80th birthday, praising his transformative impact on Nigeria's oil and gas sector. Read about his legacy and NNPC's new health scheme.
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
NNPC Limited reveals a ₦5.4 trillion profit and outlines a bold 2025 strategy focusing on increased oil production to 1.8 million bpd, aggressive gas monetisation, and cost-cutting measures. Discover how this impacts Nigeria's economy.
Major Nigerian filling stations slash petrol prices below NNPC rates as imports surge. Discover how this impacts consumers and market competition.