President Tinubu’s Special Adviser on Oil and Gas, Olu Verheijen, says West Africa must move beyond refining capacity to build the infrastructure, financing systems and transparent markets needed for regional…
NMDPRA chief Rabiu Umar says Nigeria is transitioning from a crude exporter into Africa's refining hub as capacity expands. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria…
Power Minister Joseph Tegbe says Nigeria will measure electricity progress by communities and people connected to power, not just megawatts generated. Minister of Power Joseph Tegbe says Nigeria’s power sector…
US President Donald Trump says Iran will face severe military action if the Strait of Hormuz remains closed, despite ongoing discussions aimed at reopening the strategic waterway. US President Donald…
Nigeria earned an estimated N24.02 trillion from crude oil exports in the first half of 2026, exporting 182.2 million barrels as higher global oil prices boosted export values despite concerns…
Oil prices US-Iran strikes pause: Brent crude fell to $90 and WTI dropped below $84 after the US and Iran paused military strikes, easing supply fears as Nigeria watches for…
The Federal Government has launched a N729 billion Series 2 Power Sector Bond to settle verified legacy debts owed to GenCos, gas suppliers and service providers, aiming to restore investor…
Nigeria has become the first OPEC member admitted as an associate member of the International Energy Agency while also assuming the presidency of the 2026 Gas Exporting Countries Forum, marking…
Annual Flood Outlook reveals unprecedented scale of danger; identifies flooding seasons, causes, and why responses have failed in previous years The Nigeria Hydrological Services Agency has released its 2026 Annual…
Nigeria has announced a world-class polymetallic mineral province in Kaduna State containing platinum, lithium, gold, nickel, copper and rare earth elements, a potentially transformative discovery for the nation's economy. Nigeria…
