Fuel Marketers’ Profits Drop by Up to 70% Amid Downstream Sector Shake-up
Publicly quoted fuel marketing companies in Nigeria recorded a steep decline in profitability in 2025, with earnings indicators dropping by ...
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Tag: #NigeriaEnergy
Tinubu’s Naira-for-Crude Policy Shields Nigeria from Global Fuel Shortages Amid Middle East Crisis
President Bola Tinubu’s naira-for-crude initiative has reportedly insulated Nigeria from the severe fuel scarcity hitting major economies worldwide amid the ...
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Dangote Refinery Warns It May Export Fuel Without Adequate Crude Supply
Dangote Petroleum Refinery has assured Nigerians that it will continue to supply fuel locally but warned that it may export ...
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NNPCL Targets 600 TCF Gas Reserves, Seeks $60bn Investment to Boost Sector
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to significantly increase Nigeria’s gas reserves from the current 210 ...
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NERC Chairman Seeks Stronger Collaboration Among Electricity Regulators
The Chairman of the Nigerian Electricity Regulatory Commission(NERC), Musiliu Oseni, has said electricity regulators across the country will collaborate to ...
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NUPRC Signs Petroleum Exploration Licence Agreement with SeaSeis
The Nigerian Upstream Petroleum Regulatory Commission(NUPRC) has signed a Petroleum Exploration Licence No. 5 agreement with SeaSeis Geophysical Limited, authorising ...
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Nigeria Still Relies on Fuel Imports Despite Refining Gains – Lokpobiri
Nigeria’s claims of nearing energy self-sufficiency have come under renewed scrutiny after the Minister of State for Petroleum Resources (Oil), ...
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Nigeria’s Petrol Import Bill Drops to $10B in 2025 Amid Growing Domestic Refining
Nigeria’s petrol import bill fell to $10 billion in 2025, down from $14.06 billion in 2024, signaling a growing reliance ...
Read moreNNPC Targets 100,000 bpd Output Boost as Nigeria Eyes Higher Oil Production
Nigeria could increase its crude oil production by about 100,000 barrels per day (bpd) in the coming months, according to ...
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Dangote Refinery Partners With Marketers to Safeguard Fuel Supply Amid Middle East Crisis
Dangote Petroleum Refinery has partnered with major fuel marketers to ensure nationwide supply and mitigate risks linked to reliance on ...
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