FG, States, LGs Share N1.894trn February Revenue as FAAC Reports Decline in Key Tax Collections
The Federation Account Allocation Committee (FAAC) has disbursed a total of N1.894 trillion as Federation…
Category: Oil&Gas
NNPC Remits Full PSC Profits to Federation Account as Tinubu’s Executive Order 09 Takes Effect
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has remitted the entire proceeds from Production…
Togo Seeks Higher Power Supply From NDPHC To Meet Rising Demand
L-R: The Director General of Compagnie Energie Electrique du Togo C.E.E.T, Mr.…
How Nigeria Can Make More Money From Middle East Crisis – Jimoh Ibrahim
The senator representing Ondo South, Jimoh Ibrahim, has said that Nigeria stands to gain…
NUPRC Enforces ‘Drill or Drop’ Rule, Moves to End Dormant Oil Block Licences
Nigeria’s oil and gas regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has declared…
Tinubu Sets Up Presidential Taskforce to Drive Next Phase of Petroleum Sector Reforms
Bola Ahmed Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation…
Shell Restarts Production at Bonga Field After Completing FPSO Maintenance Ahead of Schedule
Production has resumed at Nigeria’s flagship deepwater oilfield after Shell Nigeria…
Chevron Nigeria Limited Reiterates Commitment to Development of The Niger Delta
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company…
Dangote Alleges Continued Fuel Import Licences Despite NMDPRA Assurances
President of Dangote Industries Limited, Aliko Dangote, has alleged that Nigeria’s downstream regulator is still…
Local Refining Drives Fuel Supply as Nigeria Records Lowest Petrol Imports in February
Nigeria recorded its lowest petrol import level in February 2026, as domestic refining—led…