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• Faults award of high-potential assets to operators lacking capacity • Seeks gas output mandate for every barrel of oil produced The Petroleum Technology Association...
Cryptocurrency exchange Bitget has disclosed that approximately $351.6m was lost after hackers gained unauthorised access to part of its wallet infrastructure. The exchange said its security...
NIPCO Group has announced plans to develop a Floating Liquefied Natural Gas project in Nigeria, with the proposed development estimated to require more than $3bn in...
Crude oil receipts by Nigerian domestic refineries increased by 17 per cent in August 2026, rising to 683,000 barrels per day (b/d) from 585,000 b/d recorded...
Officials of the Federal High Court on Wednesday commenced enforcement proceedings against properties linked to the Chairman of Rahamaniyya Group of Companies, Alhaji Abdulrahman Musa Bashar,...
The Federal Government has secured a final investment decision on a gas discovery that remained undeveloped for more than five decades and has finally moved towards...
The Federal Government may spend about N2 trillion to subsidise electricity this year as it maintains its position against an immediate increase in electricity tariffs. The...
The Dangote Petroleum Refinery has taken another major step towards deepening retail participation in its ongoing Initial Public Offering (IPO) by enabling prospective investors to subscribe...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says Nigeria’s gross foreign exchange (FX) reserves has crossed $55 billion, describing the milestone as the...
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple companies ahead of the fourth...