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Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.

NNPC Announces Petrol Price Reduction Across Major Nigerian Cities

KEY POINTS NNPC reduces petrol prices to N880/litre in Lagos and N935/litre in Abuja, marking the first...

President Tinubu Appoints Ojulari as New NNPC Group CEO

KEY POINTS President Tinubu replaces NNPC's entire leadership team, appointing Bayo Ojulari to drive...

All You Need to Know About New NNPC GCEO Ojulari

KEY POINTS President Tinubu’s dissolution of NNPCL’s board and appointment of Ojulari underscores a...

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...

Marketers Face Losses as Dangote Refinery Slashes Fuel Prices

The reduction of PMS price to N890 causes concern for marketers at Dangote refinery.

Petrol Crisis Worsens as Stations Run Dry

The petrol shortage crisis in Nigeria worsens with more stations closing and prices soaring. Long queues and high costs hit Lagos and Abuja hard.

Petrol Imports from Malta Surge 342% Amid Dangote, NNPC Rift

Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.

NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.

Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits

Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.

Oil Production Boosts Planned for Akwa Ibom State

Nigeria's oil production is poised for a significant boost with the commencement of operations at Oil Mining Lease (OML) 13 in Akwa Ibom State. The project, a collaboration between the state-owned Nigerian National Petroleum Company (NNPC) and its partners, marks a promising development for the country's energy sector.

Sanusi Warns Tinubu Against NNPC’s Lack of Transparency Business

Sanusi Warns Tinubu Against NNPC’s Lack of Transparency Business Former CBN governor Sanusi Lamido Sanusi...

Latest articles

Nigeria Pauses Sachet Alcohol Ban After SGF Directive

Nigeria has halted enforcement of the sachet alcohol ban after an SGF directive, pending consultations and a final government review.

CBN Signals Higher Treasury Bill Rates After Bond Reset

Nigeria’s central bank prepares to lift Treasury bill rates after bond yields surge, signalling firmer monetary conditions and renewed focus on yield alignment.

EEDC Blames Power Supply Drop on Gas Shortages

EEDC says gas constraints disrupted generation, forcing load shedding and reducing electricity supply across the South-East as grid operators work to restore stability.

Trump Sues BBC for $10 Billion Over Edited Speech

Donald Trump sued the BBC for $10 billion, alleging an edited documentary misrepresented his January 6 speech and influenced the 2024 election