Business

NUPRC Approves TotalEnergies’ $510m Deal With Shell, Agip

NUPRC Approves TotalEnergies’ $510m Deal With Shell, Agip

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed off on a Sales Purchase Agreement (SPA) by TotalEnergies Exploration and…
Average Retail Price Of Cooking Gas Declines In August -NBS

Average Retail Price Of Cooking Gas Declines In August -NBS

The latest report by the National Bureau of Statistics (NBS) shows that the average retail price of refilling cooking gas…
Lokpobiri Woos Global Investors Into Nigeria’s Reformed Oil Sector

Lokpobiri Woos Global Investors Into Nigeria’s Reformed Oil Sector

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has urged global investors to seize the abundant opportunities…
Report On N8.4Trn Oil Theft Incorrect -NUPRC

Report On N8.4Trn Oil Theft Incorrect -NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has faulted a report on crude oil theft published in a national daily…
Why We Cancelled Total, Chappal Energies $860m Deal -NUPRC

Why We Cancelled Total, Chappal Energies $860m Deal -NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has clarified why it cancelled the TotalEnergies’ $860 million asset sale to Chappal…
SON Hails Dangote Cement On IMS Certification

SON Hails Dangote Cement On IMS Certification

The Standards Organization of Nigeria (SON) has commended the Dangote Cement Plc, Obajana Plant in Kogi State, for elevating the…
Nigeria’s GDP Grows By 4.23% YoY -NBS

Nigeria’s GDP Grows By 4.23% YoY -NBS

The Nigeria’s Gross Domestic Product (GDP) grew by 4.23% (year-on-year) in real terms in the second quarter of 2025. This…
NUPENG-Dangote Face-Off: The Issues And Implications 

NUPENG-Dangote Face-Off: The Issues And Implications 

The announcement made by the Dangote Refinery to begin free inter-direct distribution of petroleum products has raised a lot of…
Umahi Inspect Sections Of Abuja–Kaduna–Kano Road Project

Umahi Inspect Sections Of Abuja–Kaduna–Kano Road Project

The Minister of Works, Engr. David Umahi has carried out an inspection of Sections One and Two of the Abuja–Kaduna–Kano…
Nigeria Meets OPEC Quota As Crude Oil Production Drops To 1.63mbpd

Nigeria Meets OPEC Quota As Crude Oil Production Drops To 1.63mbpd

Nigeria’s crude oil output increased year-on-year to 1.63 million barrels per day in August, relative to the 1.58 million bopd…
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