Nigeria produced an estimated 295.18 million barrels of crude oil and condensate valued at about $28.08bn (approximately N41.74tn) in the first six months of 2026, reflecting...
Indigenous oil producers have warned that Nigeria’s upstream petroleum sector is being weighed down by more than 270 different taxes, fees and statutory levies. They maintain...
The petition filed by the Dangote Petroleum Refinery and Petrochemicals (DPRP) against the Federal Government over the issuance of fuel import licences to some petroleum marketers...
Nigeria faces a direct fiscal alarm bell in the third quarter (Q3) of 2026 as crude oil price dips below $80 per barrel amid fragile global...
The federal government, yesterday, said it was in talks with petrol marketers and industry regulators to address concerns over fuel pricing and promote a more transparent...
The recently commissioned 70-tonnes-per-day Air Separation Unit plant in Lagos, has upscaled Apex African Gas Nigeria Limited production capacity to 110 tonnes per day, thus positioning...
Sequel to approval by the Minister of Petroleum Resources, Rt. Hon. Ekperikpe Ekpo, which also has the blessing of President Bola Ahmed Tinubu in line with...
Nigeria’s oil revenue performance deteriorated sharply in the third quarter of 2025 and missed budget expectations by a wide margin of 62 percent. This reinforced concerns...
Osun State Governor, Senator Ademola Adeleke has shed more light on the decision of his government and political group to endorse President Bola Ahmed Tinubu for...
