IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
Category : Search result: Nigeria oil protest
Nigeria loses $15bn annually to oil theft
Experts reveal Nigeria loses $15 billion yearly to oil theft, undermining Tinubu's reforms and economic growth. Urgent action is needed to secure the nation's energy future.
Nigeria Opens 2025 Oil Licensing Round December 1
Nigeria's NUPRC launches 2025 oil licensing round on December 1, earning praise for transparency and potential to boost production beyond 2 million barrels daily.
Nigeria Sets December 1 for 2025 Oil Licensing Round
NUPRC confirms 2025 oil licensing round starting December 1, aiming to boost Nigeria's crude production and create new investment opportunities. Learn how this could transform Nigeria's energy sector.
Nigeria May Sell NNPC Assets Amid Oil Production Crisis
Federal Government considers selling NNPC assets as crude output plummets. Presidential adviser reveals restructuring plans to revive Nigeria's energy sector. Read more.
Super Eagles Boycott Training Over Unpaid Bonuses
Nigeria's Super Eagles players and staff boycott training in protest of unpaid bonuses and salaries ahead of crucial World Cup playoff against Gabon. NFF faces criticism.
Northern Leaders Applaud Tinubu's Oil and Gas Reforms
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Angry Youths Burn Lagos Immigration Office Over Shooting
Igbogbele community erupts as youths burn immigration checkpoint after officer's stray bullet injures Hunsu Elizabeth. Videos show chaos and demands for justice.
Nigeria's Oil Production to Jump 1M Barrels with EMEM FPSO
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
Nigeria protests South African ref for Gabon playoff
NFF launches official protest against CAF's controversial choice of South African referee for Super Eagles' decisive World Cup qualifier against Gabon, citing potential bias and security concerns.
Nigerian Diaspora Protests at EU Embassy Over Economic Crisis
Nigerians in Europe unite in powerful demonstration at EU headquarters, demanding urgent action on economic crisis and insecurity plaguing their homeland.
Jalingo Protest: Ghost Workers Demand Salaries
Taraba State capital witnesses massive demonstration as civil servants accused of being ghost workers protest dismissal and demand payment of outstanding salaries amid growing tension.
Ondo Refinery Construction Begins - Economic Boom Ahead
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
Cinematographer responds to Regina Daniels' plea for help
A Nollywood cinematographer has responded to Regina Daniels' plea for help with a stunning revelation about her 2020 EndSARS protest comments, sparking massive reactions online.
Lady Plans Protest to Defend Ned Nwoko, Blames Regina
A bold Nigerian woman announces public demonstration supporting billionaire Ned Nwoko while pointing fingers at his wife Regina Daniels in ongoing marital controversy.
Benue Market Shut Over Rampant Car Theft
Frustrated traders at Benue Modern Market have closed shop indefinitely following repeated vehicle thefts, demanding immediate government intervention and enhanced security measures.
Nigeria Lost $300B to Oil Theft - Senate Probe
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
Regina Daniels' Brother Urges Protest Over Sammy's Detention
Lawrence Daniels, brother of Nollywood actress Regina Daniels, makes passionate appeal from UK for Nigerians to protest his brother Sammy's detention as fans react strongly online.
N387M Scandal: Citizens Demand Action on FUOYE Funds
Growing outrage as Federal University Oye-Ekiti faces scrutiny over alleged N387 million financial discrepancies. Nigerian citizens call for education minister's intervention.
Sowore Defies Court, Arrest Warrant Issued in Abuja
Nigerian activist Omoyele Sowore sparks legal firestorm after failing to appear in Abuja court, prompting judge to issue arrest warrant in ongoing CBN protest case.
OOU Staff Protest Cancelled Palliative Leave Days
Academic and non-academic staff at Olabisi Onabanjo University stage massive protest against management's sudden cancellation of two-day palliative leave, demanding immediate reversal of the controversial decision.
Youths Attack Niger Governor Over Failed Cash Promise
Frustrated youths in Niger State ambushed Governor Mohammed Bago's convoy after he failed to fulfill cash distribution promises made during campaign visits.
Dangote Refinery Cuts Petrol Prices, Shakes Market
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Contractors Block National Assembly Over Unpaid Dues
Angry local contractors have barricaded the National Assembly complex in Abuja, demanding payment for completed projects and accusing the government of neglecting their welfare.
Nigeria's Oil Chief to Address Pan-African Parliament
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Rivers Community Protests Imposed Youth Leaders
Tensions escalate in Rivers community as residents allege local government chairman imposed youth leaders against their will, sparking protests and demands for democratic process.
Nigeria's New Strategy to End Niger Delta Oil Spills
Discover how Nigeria is shifting from temporary fixes to comprehensive solutions for the decades-long oil spill nightmare in the Niger Delta. Learn about the integrated approach that could transform the region's environmental future.
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