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OIL & GAS
Nigeria Buys 61.7m Barrels US Crude Amid Bulk Exports
Nigeria imported about 61.7 million barrels of crude oil from the United States between January 2024 and January 2026, underscoring…
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ASSETS & FINANCIALS
Nigeria’s Debt Hits N159.28tn On Fresh Loans
Nigeria’s total public debt has increased to N159.28tn as of 31 December 2025, driven by fresh domestic and external borrowings,…
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NEWS LENS
Navy Dismantles 22 Illegal Refineries, Arrests 18 Suspects
No fewer than 22 illegal refineries were dismantled as the Nigerian Navy intensified its crackdown on crude oil theft in…
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NEWS LENS
NEPC, Trade Centre Partner Stakeholders On Sesame, Cowpea Export Compliance
The Nigerian Export Promotion Council, in collaboration with the International Trade Centre, has commenced a two-day needs assessment and validation…
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ASSETS & FINANCIALS
Benin, Togo, Niger Owe Nigeria $9.55m Electricity Debt
Three West African countries of Benin, Togo and Niger have collectively failed to pay Nigeria $9.55m for electricity supplied to…
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ASSETS & FINANCIALS
Nigeria Poverty Hits 63% Despite Easing Inflation – W’Bank
Poverty in Nigeria rose to 63 per cent in 2025, despite a slowdown in inflation, indicating the limited impact of…
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OIL & GAS
NGA Pushes Regional Gas Collaboration To Unlock Africa’s Potential
The President of the Nigerian Gas Association, Akachukwu Nwokedi, has called for stronger collaboration among African countries to accelerate the…
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NEWS LENS
IMION Unveils Training On Blue Economy Policy
The International Maritime Institute of Nigeria, established by the Nigerian Navy, has announced a three-day executive programme on Nigeria’s blue…
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OIL & GAS
Improved Pipeline Security Drove Oil Output To 1.84mbpd – NNPCL
The Nigerian National Petroleum Company Limited has said Nigeria’s crude oil production rose from a historic low of 960,000 barrels…
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OIL & GAS
Dangote Reverses Fuel Hike After Crude Oil Drop
The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre,…
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ASSETS & FINANCIALS
Nigeria Loses N8bn Monthly To Grid Inefficiencies – NISO
The Managing Director/Chief Executive Officer of the Nigerian Independent System Operator, Abdu Bello, has said Nigeria’s power sector was losing…
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POLITICS
2027: INEC Registers 3.4m New Voters
The Independent National Electoral Commission has recorded over 3.4 million new voters in the ongoing second phase of the Continuous…
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NEWS LENS
Customs Seize 635,132 Litres Of Smuggled Petrol In Crackdown
The Nigeria Customs Service, through Operation Whirlwind, has seized about 635,132 litres of Premium Motor Spirit, popularly known as PMS,…
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OIL & GAS
NNPC Doubles Dangote Crude Supply To 10 Cargoes
Operators in Nigeria’s downstream oil sector have projected potential price relief as the Dangote Petroleum Refinery confirmed that crude oil…
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OIL & GAS
Dangote Refinery Raises Petrol To N1,275, Diesel Now N1,950
Amid rising geopolitical tensions in the Middle East and their ripple effects on global energy markets, the Dangote Petroleum Refinery…
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OIL & GAS
Fuel Marketers’ Earnings Crash 60% In Downstream Downturn
Publicly quoted fuel marketing companies recorded a sharp decline in profitability in 2025, with earnings indicators falling by between 60…
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ASSETS & FINANCIALS
Energy Cost Spike Drives Cement To N12,000/Bag
Energy costs have driven cement prices to about N12,000 per bag, according to private sector operators who are concerned that…
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OIL & GAS
Non-Oil Revenue Now 75% Of Federation Funds – Report
Nigeria has achieved a major fiscal milestone, with non-oil revenue now accounting for 75 per cent of federally collected funds,…
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OIL & GAS
Electricity Tariff Hike Imminent As Gencos Step Up Pressure
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s…
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POLITICS
FG Budgets N135bn For 2027 Election Lawsuits
The Federal Government has proposed N135.22bn in the 2026 budget for what it described as “Electoral Adjudication and Post Election…
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