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Shell, NNPC boost respiratory care with equipment donation to LUTH

Shell Nigeria Exploration and Production Company Limited and Nigerian National Petroleum Company Limited have strengthened Nigeria’s healthcare capacity with the donation of advanced respiratory diagnostic equipment to University of Lagos Teaching Hospital, marking a significant step toward improving pulmonary care…

Business Commerce and Industry Economy Energy

UN exploring scalable solutions Africa’s food, energy security challenges

NNPC supporting refineries meet Africa’s fuel demand Sopuruchi Onwuka The Deputy Secretary-General of the United Nations, Amina Mohammed, has declared intention of the global body to prioritize scalable solutions for mitigating Africa’s food crisis. Ms Mohammed who led a delegation…

NIES: Ojulari to lead investor-focused fireside chat on Nigeria’s energy future

Sopuruchi Onwuka The Group Chief Executive Officer of NNPC Limited, Mr. Bashir Bayo Ojulari, will headline a high-level, investor-focused fireside chat at the 9th edition of the Nigeria International Energy Summit (NIES) 2026, reinforcing Nigeria’s commitment to energy security, market…

Fuel import data mirrors domestic market turmoil

Local refiners yet deliver cost benefits to Nigerians Sopuruchi Onwuka The performance of the domestic fuel production industry dominated the latest report by the Central Bank of Nigeria (CBN) on the country’s trade performance in the past two years. Although…

The IPPG blueprint behind petroleum reforms, NNPC’s shift from JV positions

Seplat, Oando may welcome new partners Sopuruchi Onwuka The ongoing plans by the Nigeria’s national oil company, NNPC Limited, to divest significant equity in several oil blocks in early 2026 as part of an overall strategy proposition developed by leading…

NUPRC: NNPC used up N267.4 bn Frontier Exploration Fund

Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission says it has released all approved Frontier Exploration Fund allocations to the Nigerian National Petroleum Company Limited, with no outstanding balance left in the Central Bank of Nigeria account. According to Eniola…

Will dom refining boost or burst our struggling economy?

Sopuruchi Onwuka Propositions and actual projects that portend over 3.0 million barrels per day of local refining capacity may raise serious challenges to the nation’s fiscal and economic stability, given that the emerging refining boom may impose acute foreign exchange…

Nigeria’s petrol price in top range among OPEC peers

FG’s import tariff sets new benchmark for Dangote, others Sopuruchi ONWUKA With the 15 percent tariff slammed on imported petrol and diesel, the domestic petroleum market may have lost price stabilizing force; allowing Dangote and other smaller local refiners to…

FG pledges rapid development, resumption of oil production in Ogoniland

Federal government weekend declared commitment to rapid development of Ogoniland as part of measures to reconcile with the communities and resume petroleum exploration and development years after Shell was forced to abandon operations in the area. President Bola Tinubu received…

Voices rise against NNPC’s plan to divest JV stakes

Sopuruchi Onwuka Muted plans by the Nigerian National Petroleum Company (NNPC) Limited to further divest government’s stakes in non operated joint oil exploration and production joint ventures is attracting counter narratives by labour unions and other stakeholders in the country’s…