Valuechain - Nigeria's foremost Online Energy News Platform

Nigeria’s oil exploration and drilling activities declined by 41.7 per cent in April 2026, following reduced upstream operations and investment activities. According to the May 2026 Monthly Oil Market Report (MOMR) of the…
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*Compressed Natural Gas storage. Egypt is moving to tap into Nigeria’s fast-growing compressed natural gas (CNG) market, with Egyptian automotive gas company Cargas signalling plans to expand operations into the country and support…
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The World Bank’s Multilateral Investment Guarantee Agency (MIGA) has unveiled plans to scale up its guarantee issuance in Africa to $6.4 billion annually over the next three and a half years, in a move expected to mobilise about $23…
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*The latest directive is expected to tighten regulatory scrutiny in Nigeria’s oil and gas sector, particularly in free trade and export processing zones where some operators have historically claimed varying regulatory exemptions …
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... Move to Boot Camp Team PROTRONICS of University of Port Harcourt, winner of the South-South leg of the Nigerian Engineering Olympiad (NEO). The University of Port Harcourt, represented by innovation Team PROTRONICS, and the…
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Owners of petroleum products jetties, and tank farms have urged the federal government to cancel fresh approvals for petrol import licences, saying further issuance wouldSpeaking through their group, the Jetties and Petroleum Tank Farm…
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The Federation Account Allocation Committee (FAAC) has started receiving the full proceeds from Nigeria’s Production Sharing Contract (PSC) oil revenues following the implementation of President Bola Ahmed Tinubu’s Executive Order 9 of…
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Africa’s persistent infrastructure deficit continues to constrain economic growth, limit industrial expansion and weaken the continent’s ability to create jobs for its rapidly growing population despite increasing global interest in…
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Key points Nigeria’s total export value rose to N85.13 trillion in 2025, according to the National Bureau of Statistics (NBS). Manufactured exports contributed only 2.94 per cent of total exports, continuing a four-year…
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Analysts warned that with inflation risks still tilted upward due to high energy prices and supply disruptions, further Central Bank of Nigeria tightening could slow private sector expansion and weigh on investment and productivity…
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