HomeNews

News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

Keep exploring

Rivers State Governor Dismisses Assembly Members as Legally Invalid

Governor Siminalayi Fubara asserts that Rivers State Assembly members "no longer exist as legislators," underscoring the ongoing political conflict.

Central Bank Enforces 0.5% Cybersecurity Levy on Electronic Transfers

Lagos, Nigeria (BusinessDay) – In a bid to bolster cybersecurity measures and protect electronic...

Tuggar to Represent Tinubu at US Summit Due to Shettima’s Faulty Jet

After a technical issue with the presidential jet, Minister Yusuf Tuggar will represent President Tinubu at the 2024 US-Africa Business Summit in Dallas.

SDP Candidate Urges Shift from Wage Hikes to Social Investments

SDP's Adebayo champions social investments over wage increases, emphasizing a sustainable approach to supporting all citizens.

Atiku Accuses Tinubu of Conflicts of Interest Over Son’s Business Ties

Atiku Abubakar claims Bola Tinubu's son's board position reflects a conflict of interest influencing major governmental projects.

Band A Consumers Laments Tariff Hike as Power Outages Persists

Band A electricity consumers in Nigeria face a steep tariff increase from N68 to N255 per kWh, despite ongoing power outages and public dissatisfaction.

Rise in Cash Holdings Outside Banks Signals Shifting Financial Landscape

The amount of cash held outside of banks has surged to N3.63 trillion, reflecting...

Nigeria Boosts National Grid with New Mobile Power Stations

Nigeria unveils new mobile power stations in Lagos and Kebbi states, adding 625MW to the national grid. The project is part of a government initiative to improve power supply and could lead to economic growth and better living standards.

Nigerian Workers Criticize Government’s Wage Increase as Inadequate

Despite a 25-35% salary increase for federal employees, Nigerian workers decry government actions as insufficient amid rising costs.

Tinubu Set to Inaugurate Three Gas Infrastructure Projects

In a significant development for Nigeria's energy sector, prominent political figure Tinubu is poised...

Shell and Oyo State Government Partner to Build Gas Pipelines

Shell Nigeria Gas partners with Oyo State to construct a major gas pipeline, aiming to supply reliable energy and spur industrial growth across the region.

Delta State Rallies Behind Pipeline Security Company

Pipeline Infrastructure Nigeria Limited (PINL), responsible for safeguarding oil pipelines in Delta State, Nigeria, is under scrutiny for its performance. Despite accusations of underperformance, PINL receives backing from local experts, government officials, and community leaders who tout the company's success in reducing pipeline vandalism and boosting the regional economy.

Latest articles

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.

Lionel Messi plays final Argentina match tonight against Benin after 21 years, 207 caps and 125 goals

Lionel Messi will play his final match for Argentina on Tuesday in a friendly against Benin at Buenos Aires' Estadio Monumental, ending a 21-year international career.