January brought relief for Nigerian households as prices for rice, beans, and garri fell in major markets. However, rising costs for cooking oils and logistics continue to pressure food budgets. Get the full regional breakdown.
Nigerian petrol depot prices plummet to N710 per litre following the collapse of Dangote Refinery's supply deal with marketers. Experts predict further drops as competition and global oil prices intensify. Read more for full analysis.
PETROAN confirms discussions with NNPCL to acquire and revive the Port Harcourt Refinery for $2 billion. The move aims to boost local refining and stabilise fuel prices in Nigeria.
Nigerian households get relief as cooking gas (LPG) prices fall to between N1,000 and N1,400 per kg. Improved supply from late 2025 ends months of scarcity. Read the full market report.
A Federal High Court in Abuja has mandated the NNPCL to provide full details of its $3 billion Afreximbank loan to HEDA Resource Centre. This landmark ruling champions transparency in Nigeria's oil sector. Read the full story.
The ADC party warns President Tinubu's write-off of NNPCL's legacy debt is illegal and will cause massive revenue loss for states and LGAs. Read the full analysis.
NNPC Limited remitted N12.117 trillion to the Federation Account in ten months, reporting strong revenue and profit growth. Oil production held steady as key gas pipeline projects near completion.
The Nigerian National Petroleum Company Limited has cleared N4.01 trillion in subsidy arrears owed by the FG after FAAC reconciliation. Discover the details and implications for Nigeria's economy.
Nigeria's $2.8 billion Ajaokuta-Kaduna-Kano gas pipeline is on track to begin operations in early 2026, promising to transform energy supply and industrial growth in the north. NNPC targets $30 billion in oil and gas investments by 2030.
NNPC Limited reports record N5.4 trillion profit while directors' fees jump to N4.1 billion. Zero staff resignations in 2024 as administrative costs surge. Read the full analysis.
Public policy analyst James Okafor assesses NNPCL GCEO Bayo Ojulari's focus on regional energy collaboration and strategic positioning over quick wins. Discover the key projects shaping Nigeria's continental energy role.
NISO announces repair of the Lagos-Escravos-Lagos gas infrastructure, leading to improved power generation. Learn how this affects national electricity supply and stability.
Leaders in Rivers State's Kpean community demand urgent federal action over a massive oil spill destroying farmlands and rivers. They accuse FG, Shell, and NNPCL of negligence.
The Federal Government has ordered contractors on major highways to keep sites open during Christmas. Minister Umahi also announced a N263bn payment directive to NNPCL to offset debts. Read more.
Works Minister David Umahi directs contractors on major highways to remain on site during the festive season to ease gridlock. FG also announces N263bn payment plan for contractors, pending verification of N2.13trn debt.
Labour advocates urge IPMAN to provide health insurance for petrol station workers nationwide, citing daily exposure to toxic fumes and fire hazards. This follows NNPCL's new scheme for its retail workers.
Scotland manager Steve Clarke urges Tartan Army supporters not to incur debt for expensive 2026 FIFA World Cup tickets in the USA. Prices for three group games start at £500.
Farmers in Benue State face financial ruin as market prices for crops collapse while fertiliser and transport costs remain high. Many threaten to quit farming next season. Read more.
Ogoni youths demand an oil block and halt to ongoing bids, insisting on equity and inclusion before resuming oil production in Ogoniland after 30 years.
BBNaija celebrities Leo DaSilva and Nina Ivy express outrage at skyrocketing Lagos short-let rates for Detty December, with some properties charging over ₦14 million. Read their reactions and public response.
The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
BBNaija's Leo DaSilva and Nina Ivy call out exorbitant Lagos short-let prices hitting ₦700k per night this Detty December. Read their shocking revelations and the public's reaction.
President Tinubu approves N185bn payment to gas producers to restore supply, boost electricity generation, and rebuild investor confidence in Nigeria's power sector.
Nigerian poultry farmers announce updated rates for eggs and adult chickens. Despite a drop in inflation, staple foods remain costly, squeezing household budgets ahead of Christmas.
Nigeria Customs Service intercepts smuggled fuel worth N181.6 million near Cameroon border in eight weeks. ACG Kolapo Oladeji warns smugglers face life imprisonment. NNPCL also announces another petrol price cut.
Nigerian poultry farmers announce new, higher prices for chickens ahead of Christmas, citing soaring feed costs. See the latest market rates and the reasons behind the festive season squeeze.
President Trump overturns Biden's fuel-economy rules, claiming it will lower car prices. Critics warn it will worsen climate change and increase fuel costs for drivers.
President Trump revokes tougher CAFE standards, aiming to cut new car costs by $1,000. The move, backed by Big Three CEOs, sparks debate on affordability versus climate goals.
The European Union has struck a landmark deal to end all imports of Russian gas by 2027. Get the full timeline and details on this major energy shift.