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Nigeria’s 36 states and the Federal Capital Territory (FCT) received a total of N2.9 trillion for security and infrastructure between 2024 and 2026, TheCable can report. The disbursements were contained in the Federation Account…
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Public commentator, Mahdi Shehu, has blamed what he described as anti-people government policies for the worsening economic hardship in Nigeria. Shehu made the remarks in a post he shared on Tuesday, where he criticised what he…
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The average retail price of Premium Motor Spirit, commonly known as petrol, rose by 55.31% year-on-year to N1,596.25 per litre in May 2026. The figure was higher than the N1,027.76 per litre recorded in May 2025. This is…
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The Independent Petroleum Marketers Association of Nigeria, IPMAN, has raised concerns over the growing financial burden imposed on its members by frequent petroleum product price fluctuations, warning that independent marketers are…
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The Nigerian Content Development and Monitoring Board (NCDMB) is set to commence the issuance of the Nigerian Content Trainers Registration Certificate (NCTRC), as part of its commitment to strengthening local competencies and…
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Ministry of Defence have agreed to develop a new security framework that combines advanced technology and community‑focused youth programmes to protect the…
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...Warns against naira abuse The Central Bank of Nigeria has raised alarm over the growing misuse of the naira, warning that persistent abuse of the country’s banknotes is driving up replacement costs and shortening their lifespan. …
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The Major Energies Marketers Association of Nigeria (MEMAN) has warned that recent geopolitical tensions involving Iran and their impact on global oil markets have exposed the fragility of West Africa’s energy security architecture,…
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The Independent Petroleum Marketers Association of Nigeria (IPMAN), says Federal Government should focus on reforming the petroleum industry to fast track the nation’s economic growth. The National Publicity Secretary of IPMAN, Mr.…
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The Nigerian National Petroleum Company (NNPC) Limited and Dangote Refinery imported a total of 38,000 barrels per day of petrol in May 2026 as the country returned actively to the importation of the fuel. According to a report by…
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