A 29-year-old Nigerian woman, Olajide Esther, was arrested in Bengaluru, India, for smuggling 121 grams of cocaine concealed inside sliced bread. Police seized the drugs worth Rs 65 lakh and arrested the intended recipient. Read the full details.
Nigeria strengthens its role as the top African crude oil supplier to the United States, exporting 33.23 million barrels worth $2.57 billion from January to August 2025. Discover the economic impact and the role of Dangote Refinery.
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Nigerian Navy Ship BEECROFT has transferred 58 seized bags of foreign parboiled rice to Customs. The interception highlights ongoing efforts to curb smuggling in Lagos waters.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
Nigeria Customs Service Ogun 1 Command intercepts drugs, rice, and petrol worth over N2bn, handing cannabis to NDLEA. Acting CAC Oladapo Afeni vows continued vigilance.
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.
Nigeria Customs Service in Ogun intercepts heroin, cannabis, spaghetti, and oil worth billions in major crackdown. Read details of the intelligence-led operations.
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
Nigerian Army troops foil kidnapping, kill one suspect, and arrest informants in Jos North. A separate case reveals a woman arrested for transporting 2,500 rounds of ammunition. Read the latest on security operations.
Nigeria Immigration Service unveils tech-driven strategy to dismantle sophisticated criminal networks fueling migrant smuggling and irregular migration. Learn about the new measures.
Niger State Police apprehend a 35-year-old woman, Zuwaira Usman, transporting 2,500 AK-47 rounds. The suspect reveals a criminal network spanning Kaduna and Delta states. Read the full details of the interstate arms smuggling bust.
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
Exclusive report reveals how Iranian forces and diplomats fled Syria in December 2024, leaving Bashar al-Assad to his fate as rebels closed in on Damascus. Discover the inside story.
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
Aliko Dangote commits to lowering petrol prices to compete with imports, declares an end to Nigeria's fuel queues, and reveals plans to expand his refinery to 1.4 million barrels daily by 2028.
Nigeria Customs Service intercepts over 184,000 litres of PMS in Adamawa, its largest fuel seizure in the state. Operation Whirlwind makes 55 seizures, combating economic sabotage.
Nigeria Customs Service intercepts smuggled fuel worth N181.6 million near Cameroon border in eight weeks. ACG Kolapo Oladeji warns smugglers face life imprisonment. NNPCL also announces another petrol price cut.
PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.
International drug cartels are exploiting filthy livestock ships to smuggle tonnes of cocaine into Europe. Learn how poor sanitary conditions create a 'logistical nightmare' for authorities.
NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.