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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has set September 24, 2028 as the target date for transitioning to a more competitive, commercially driven...
Sayyu Dantata, the Nigerian businessman and half-brother of Africa’s richest man, Aliko Dangote, could lose three aircraft valued at about $35 million in a customs dispute...
The Nigerian billionaire, who recently launched Africa’s biggest IPO, is piling money into oil and fertiliser. That is not stopping him from making a fresh push...
• 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...