Energy

Nigeria’s oil production is expected to record a modest uptick in 2026, buoyed by infrastructure improvements and incremental field output. 

The Federal Government has approved the settlement of N185 billion in long-standing debts owed to natural gas producers, as part...

Crude oil prices posted a fourth consecutive monthly decline in November because of oversupply as production exceeds demand, the longest...

The average retail price of a litre of petrol witnessed a drop from N1,184.83/litre in October 2024 to N1,052.31/litre in October 2025. 

The Nigerian Upstream Petroleum Regulatory Commission has officially launched the 2025 Licensing Round, introducing a digital bid portal as the...

The Court of Appeal in Lagos temporarily restrained Nestoil Limited, Neconde Energy Limited, and two others from interfering with the duties of a receivership...

Dangote Petroleum Refinery has confirmed its readiness to take full responsibility for Nigeria’s domestic petrol supply, pledging to deliver 1.5...

Former Vice President Atiku Abubakar has called for an urgent and independent probe into the N17.5 trillion reportedly spent by...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a significant surge in revenue, hitting N5.08 trillion in October...

Nigeria’s daily petrol consumption rose to an average of 56.74 million litres in October 2025.