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Petroleum Industry Act

Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...

Nigeria’s Host Community Fund Rises to ₦373bn

Nigeria’s NUPRC says the host community fund has hit ₦373bn, financing hundreds of new projects under the Petroleum Industry Act framework.

NNPCL to Sell Shares Ahead of IPO

The Nigerian National Petroleum Company Limited continues its IPO preparations through partner recruitment for both IPO readiness and investor relations support before its capital market listing.

Dangote Refinery Seeks to Void NNPCL Import Licenses in Court

Dangote Refinery has filed a lawsuit seeking to nullify NNPCL's import licenses and is demanding N100 billion in damages, claiming the licenses undermine local production.

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.

Latest articles

Lagos to Close Apongbon Bridge for Six Weeks as Federal Government Begins Major Repairs

KEY POINTS Lagos will shut Apongbon Bridge from February 5 to March 19, 2026,...

Court Blocks Admission of Key Documents in Yahaya Bello’s ₦80.2bn Fraud Trial Over Missing Receipts

KEY POINTS Court refused to admit CTCs of documents in Yahaya Bello’s trial due...

VAT Allocations to FG, States, LGAs Rise 26% to ₦7.73tn in 2025

KEY POINTS VAT allocations rose to ₦7.73 trillion in 2025, up 26.46% from ₦6.11...

Nnamdi Kanu Appeals Life Sentence, Seeks Quashing of Terrorism Conviction

KEY POINTS Nnamdi Kanu has personally filed an appeal to quash his life sentence...