Oil Prices Edge Higher on U.S. Crude Drawdown and Middle East Caution
Oil prices ticked up on Thursday, building on the previous day’s gains after a larger-than-expected drawdown in U.S. crude stocks...
Dollar Falls, Yields Dip on Speculation of Early Fed Chair Appointment by Trump
The US dollar weakened and Treasury yields edged lower on Wednesday as market expectations for an earlier-than-expected rate cut gained...
NMDPRA Launches Lubricant Importation Module to Tackle Substandard Products
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced major steps to regulate and streamline the quality of...
Nigeria Attracts $16 Billion in Oil and Gas Investments Between 2023 and 2025 — NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that Nigeria attracted $16 billion in oil and gas investments between...
NICArb, CIETAC Sign Landmark Arbitration Agreement to Boost Nigeria-China Trade Ties
In a significant move to enhance arbitration and deepen trade relations between Nigeria and China, the Nigerian Institute of Chartered...
NERC Transfers Electricity Market Oversight to Abia State Regulator
The Nigerian Electricity Regulatory Commission (NERC) has formally transferred regulatory oversight of the electricity market in Abia State to the...
NUPRC Notifies Oil Firms of Expiring Licences, Sets $5,000 Extension Fee
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued official notices to over 40 holders of Petroleum Prospecting Licences (PPL),...
Oil Falls to Lowest in Over a Week as Trump Announces Israel-Iran Ceasefire
Oil prices plunged on Tuesday to their lowest levels in more than a week after U.S. President Donald Trump announced...
Oil Prices Tumble, Stocks Surge as Trump Announces Israel-Iran Ceasefire
Oil prices slumped and stocks rallied on Tuesday after former U.S. President Donald Trump announced a ceasefire agreement between Israel...
NNPC Raises Petrol Price to ₦915 in Lagos, ₦945 in Abuja Amid Dangote Ex-Depot Hike
The Nigerian National Petroleum Company (NNPC) Limited has increased the pump price of Premium Motor Spirit (PMS), also known as...
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