Serbia's NIS oil firm faces shutdown amid US sanctions
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
Category : Search result: Senate investigation oil theft
N300m Gold Theft Case Adjourned to January 2026
FCT High Court adjourns N300m gold theft case to January 19-20, 2026. Defendants accused of stealing Hajia Halima Suleiman's jewellery. Get the latest court updates.
Troops Arrest 90 Terrorists, Rescue 53 Victims
Nigerian security forces have arrested 90 terrorists, including a wanted kingpin, and rescued 53 kidnap victims in nationwide operations. A major oil theft worth over N15 million was also foiled. Read the full report on this significant security breakthro
Senate Orders NNPCL to Refund N210 Trillion
Nigerian Senate demands NNPCL refund N210 trillion in unaccounted funds after CEO snubs hearing. Auditor-General's report reveals massive financial discrepancies from 2017-2023 operations.
NUPRC's 2025 Oil Licensing Round Ignites Confidence
Nigeria's 2025 oil licensing round announced by NUPRC marks turning point for energy sector. Global investors show renewed interest as reforms boost transparency and production targets.
IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Nigeria loses $15bn annually to oil theft
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.
Nigeria Opens 2025 Oil Licensing Round December 1
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.
Mummified Mother and Son Found in Brooklyn Flat
An 80-year-old woman and her 52-year-old son discovered mummified in their Brooklyn apartment after residents reported foul smell for days. Police investigation ongoing.
Kano Driver Arrested for Stealing Deputy Governor's Vehicle
Police in Kano have arrested a government driver who stole a Toyota Hilux from Deputy Governor Aminu Abdussalam Gwarzo's convoy. The vehicle was recovered in a swift security operation. Read more details.
Kano Deputy Governor's stolen vehicle recovered
Police in Kano recover stolen Toyota Hilux belonging to Deputy Governor Aminu Abdulsalam Gwarzo. Government House driver arrested in connection with the theft. Read latest developments.
Nigeria Sets December 1 for 2025 Oil Licensing Round
NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.
Nigeria May Sell NNPC Assets Amid Oil Production Crisis
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
Northern Leaders Applaud Tinubu's Oil and Gas Reforms
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Suspected robber arrested for stabbing okada rider in Akure
Akure residents breathe sigh of relief as police arrest suspected robber who stabbed a commercial motorcyclist and stole his bike in broad daylight operation.
Nigeria's Oil Production to Jump 1M Barrels with EMEM FPSO
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Senate Confirms Dr. Udeh as Minister - Enugu AG Gets Fed Role
The Nigerian Senate has officially confirmed Dr. Udeh, the former Attorney-General of Enugu State, as a minister in President Tinubu's cabinet. This major political development signals new leadership changes.
Ondo Police Arrest Car Thief Using Sedative-Laced Drink
Ondo State Police apprehend suspect who allegedly stole a vehicle after plying the owner with alcohol mixed with sleeping pills. Full details of the cunning operation revealed.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
68% of Nigerians bypass electricity meters - FG
Federal Government exposes massive electricity theft as majority of consumers illegally bypass prepaid meters, costing billions in revenue losses and threatening power sector stability.
GTA VI Delayed Until 2026: New Release Date
Breaking news: Grand Theft Auto VI launch postponed to 2026. Get the latest updates on the new release date, development challenges, and what this means for Nigerian gamers.
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
Benue Market Shut Over Rampant Car Theft
Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
Vigilante catches phone thief with 17 stolen mobiles
A local vigilante member made a stunning arrest during Governor Umaru Radda's political event, catching a notorious phone thief with 17 stolen mobile phones in his possession.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
NSCDC Arrests 5 Pipeline Vandals in Kwara
Kwara State witnesses major security breakthrough as NSCDC nabs five suspected pipeline vandals, recovering vehicles and equipment in strategic operation to protect critical national infrastructure.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
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