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Nigeria flares $900m worth of gas, exports 60% despite domestic shortages Nigeria’s imports of Liquefied Petroleum Gas (LPG), also known as cooking gas, jumped by...
State governments received N2.37tn from Value Added Tax revenue generated in the first half of 2026, representing an increase of N451.25bn compared with the corresponding period...
Nigerian banks’ holding companies may be required to raise a combined N971.764bn in fresh equity if the Central Bank of Nigeria implements its proposed capital framework...
Marketers of petroleum products have stated that the loading of fuel has been put on hold at the Dangote Petroleum Refinery following the facility’s decision to...
The Federal Government is set to issue a second bond worth about N729bn to settle verified legacy debts owed to electricity generation companies, in a move...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has raised concerns over the recent increase in petroleum product import licences, warning that the development could worsen...
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has commenced a specialised human capital development programme aimed at...
Africa’s richest man, Aliko Dangote, has nearly completed a $2.5bn private share placement for Dangote Petroleum Refinery & Petrochemicals FZE ahead of what is expected to...
President Bola Tinubu on Friday signed the Presidential Executive Order on Virtual Assets Coordination, 2026. The order, signed pursuant to Section 5 of the 1999 Constitution...
Maritime expert, Captain Ladi Olubowale, has called on the Federal Government to use the UTM Offshore Floating Liquefied Natural Gas (FLNG) Project as a catalyst for...