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Court grants HEDA’s application, orders NNPC to disclose $3bn Afreximbank crude-for-cash loan

The Federal High Court in Abuja has ordered the Nigeria National Petroleum Company Limited (NNPC Ltd) to supply information regarding the emergency $3 billion...

Michael Simire - January 4, 2026

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Centre calls for caution as EU’s carbon border tax comes into effect

Against the backdrop of the New Year, global trade has been faced with a significant development – from January 1, 2026, exports of select industrial...

Michael Simire - January 2, 2026

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Navy dredges 11km waterways amid terrorists’ occupation in Lake Chad – CNS

The Nigerian Navy has dredged and cleared 11 kilometres of waterways to enhance navigability and increase accessibility to previously inaccessible routes, thereby facilitating the...

Michael Simire - January 1, 2026

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African oil reforms drive investment, output growth across continent

Regulatory reform is emerging as a decisive factor in Africa’s push to raise oil and gas output and attract new investment, with leading producers...

Michael Simire - December 31, 2025

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Ayetoro sea incursion: We’ll intervene if govt fails – OSOPADEC

The Ondo State Oil Producing Area Development Commission (OSOPADEC) says it will intervene in the reclamation of Ayetoro community being ravaged by sea incursion...

Michael Simire - December 30, 2025

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Nigeria’s national grid collapses again

The Eko Electricity Distribution Company (EKEDC) on Monday, December 29, 2025, said that there was a system collapse at 2.01 which has resulted to...

Michael Simire - December 29, 2025

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SERAP sues governors, Wike ‘over failure to account for N14trn fuel subsidy savings’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr. Nyesom...

Michael Simire - December 28, 2025

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Experts charge oil, gas regulators on full implementation of PIA

Oil and gas experts have urged Nigeria’s newly appointed petroleum regulators to make the full and faithful implementation of the Petroleum Industry Act (PIA)...

Michael Simire - December 26, 2025

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