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*Some cars drive past the Central Bank of Nigeria headquarters in Abuja. Precious Anga Lagos — Nigeria’s oil revenue earnings remained far below government projections in the third quarter of 2025, deepening fiscal pressures and […]

*Fuel dispenser pump Precious Anga  Lagos — The cost of Premium Motor Spirit (petrol) continued its upward trajectory in April 2026, as Nigerians paid an average retail price of ₦1,532.93 per litre, according to fresh data […]

*Oil price drop Precious Anga  Lagos — Global oil prices are heading toward their sharpest monthly decline in years as traders increasingly wager on a possible diplomatic breakthrough between the United States and Iran, despite […]

*David Bird, Chief Executive Officer, Dangote Petroleum Refinery Precious Anga Lagos — Nigeria’s Dangote Petroleum Refinery has emerged as the world’s largest exporter of jet fuel in April, driven by increased production capacity and shifting […]

*Nigeria’s Minister of State for Petroleum Resources (Oil) Sen. Heineken Lokpobiri, receives Saudi Arabian Ambassador to Nigeria, Yousef bin Mohammed Al-Balawi, in Abuja. Mkpoikana Udoma Port Harcourt — Nigeria and Saudi Arabia are set to […]

Precious Anga Lagos — Nigeria’s oil sector accounted for 3.92 per cent of the country’s real Gross Domestic Product (GDP) in the first quarter of 2026, reflecting a slight year-on-year dip despite modest improvement in […]

*Chief Executive of NUPRC, Mrs. Oritsemeyiwa Eyesan, with the Vice Principal for Partnerships at Robert Gordon University, Donella Beaton. Mkpoikana Udoma Port Harcourt — The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has raised concerns over […]

*Gas flaring Precious Anga  Lagos — Nigeria’s natural gas production recorded modest growth in the first quarter of 2026, with total output rising to 687.09 billion standard cubic feet, while gas flaring declined by more […]

– Dangote Refinery’s $3.74bn foreign crude bill exposed the weak link inside Nigeria’s oil economy    – Barrels were allocated domestically, but not delivered at the scale its refining system required *Dangote Refinery Lagos — […]