Valuechain - Nigeria's foremost Online Energy News Platform

Former Group General Manager of the National Petroleum Investment Management Services (NAPIMS), Alhaji Bala Wunti, has assured the Senate that no ₦210 trillion is missing from the Nigerian National Petroleum Company Limited (NNPC Ltd.)…
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…Lauds TotalEnergies for peace at OML 58 The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said yesterday that the Host Community Development Trust (HCDT) Fund can be implemented only in a peaceful community. This was…
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Mrs Olu Verheijen The Special Adviser to the President on Energy, Mrs Olu Verheijen, has said Nigeria requires about $38.3 billion in fresh investment to sustain current oil and gas production and achieve its 2030 output targets. …
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will, at the Commercial Bid Conference, announce the successful bidders for 50 oil and gas blocks in the 2025 Licensing Round on July 21, 2026. The regulator said the…
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The World Bank Despite nearly three years of sweeping economic reforms introduced by President Bola Tinubu’s administration, about 79 per cent of Nigerians remain poor or vulnerable to falling into poverty, according to a new…
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Shell leaders and other dignitaries at the Shell booth during the ministerial tour marking the opening of Nigerian Content Day at the 2026 Nigeria Oil and Gas (NOG) Conference and Exhibition in Abuja.  Shell Companies in Nigeria awarded…
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The Senate has given the external auditors of the Nigerian National Petroleum Company Limited (NNPC Ltd.) a one-week ultimatum to provide a detailed breakdown of over ₦210 trillion recorded in the company’s audited financial…
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According to Daily Post, published on Wednesday, July 15, 2026, African Democratic Congress (ADC) presidential candidate, Atiku Abubakar, has criticised the inclusion of N6.44 billion for a presidential support group for the 2026 World…
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CBN Headquarters Business confidence among Nigerian firms weakened in June 2026, as rising operational costs and macroeconomic pressures weighed on sentiment, according to the Central Bank of Nigeria’s Business Expectations Survey…
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Nigeria’s downstream petroleum sector is bracing for renewed foreign exchange (FX) pressure after Dangote Petroleum Refinery scrapped its naira-denominated pricing model for petrol, diesel and aviation fuel, replacing it with a…
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