Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
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AFRICA’S REFINING MOMENT — AND NIGERIA’S INFLECTION POINT
By Kunle Odusola-Stevenson
Africa stands at a defining moment in the evolution of its energy economy.
For decades, the continent has exported crude while importing a substantial share of the refined petroleum products needed to…
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Fuel Subsidy a Scam that will Hurt Nigeria Again – Alex Otti
Governor Alex Otti of Abia State
Abia State Governor, Alex Otti, has backed the removal of fuel subsidy, saying those calling for its return do not mean well for Nigeria.
Otti stated this in an exclusive interview aired by Arise…
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NCDMB launches In-house Academy for Knowledge-sharing among Staff, Stakeholders
As part of efforts to enhance the capacity of its staff to effectively lead and regulate the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB), on Thursday inaugurated its LearnFest Lecture Series, a…
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Africa’s Capital Base Steps Up to Finance the Next Energy Build-Out at AEW 2026
Africa’s energy investment gap is increasingly being addressed through a broader pool of African financial institutions, regional lenders and private investors. With the continent’s energy finance gap estimated at between $31 billion…
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UNGA81: Nigeria Warns Debt Burden Squeezing Africa, Developing Nations
News Investigators/ Nigeria has called for urgent reform of the global financial architecture, warning that heavy debt servicing was diverting scarce resources from education, healthcare and infrastructure in developing countries.
…
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DisCos Collect N1.41trn In 7 Months
Nigeria’s 11 electricity distribution companies (DisCos) have collected N1.41 trillion from customers in the first seven months of 2026, pushing average collection efficiency above last year’s level, but industry watchers warn that…
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Europe uses subsidies, taxes and policy pauses to offset pain of high fuel prices
FILE - Gas prices are displayed at a gas station in Frankfurt, Germany, Monday, Sept. 14, 2026. (AP Photo/Michael Probst, File)
Wars in the Middle East and Ukraine are driving governments across Europe to craft subsidies, taxes and…
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PETROAN seeks open competition in products supply
Dr. Billy Gillis-Harry
Dr. Billy Gillis-Harry, National President, Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has called for an open and competitive petroleum products market.
Gillis-Harry…
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Regulator launches nationwide enforcement
The operation started on Thursday, a day after the NMDPRA notified major industry groups that it would act against outlets involved in under-dispensing.
The warning was sent to the Independent Petroleum Marketers Association of…
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FG urged to build regulatory capacity to safeguard gas revenue
Nigeria needs to invest more in building the expertise of regulators in gas metering as the country expands its gas infrastructure, an energy expert, Dr Sunday Kanshio, has said.
Kanshio, who is the Managing Partner of Fleissen…
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