Category : Search result: crude oil theft Nigeria


IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

Trump Announces Naval Blockade Against Venezuela

US President Donald Trump announces a maritime blockade on Venezuela, demanding the return of oil and land he claims were stolen. Get the full details on this escalating crisis.

Nigeria's oil rigs stuck at 41 amid OPEC expansion

Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.

Thieves Steal Church Speakers, AC; Pastor in Pain

A Nigerian pastor is heartbroken after thieves raided his church auditorium, carting away speakers and an air conditioner. The incident raises security concerns for places of worship. Read the full report.

Dangote Refinery Slashes Diesel Price to N910/Litre

Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.

PENGASSAN warns of oil sector brain drain over low pay

PENGASSAN warns Nigeria's oil sector faces a severe brain drain due to low wages and economic hardship. Union President Festus Osifo urges immediate action to close the wage gap and retain skilled workers.

Nigeria's Cyberattacks Jump Over 1000% in Q3 2025

A new report reveals Nigerian firms faced a record 1,047% surge in cyberattacks last quarter, with stolen employee logins now the primary threat. Learn how businesses can defend themselves.

Cyber Attacks in Nigeria Jump Over 1,000% in Q3

Data breaches in Nigeria surged 1,047% in Q3 2025. Hackers now use stolen credentials, not software flaws. Experts urge stronger identity controls to combat this new threat.

NNPC's ₦5.4trn Profit Shows Impact of Reforms

NNPC Limited's record ₦5.4 trillion profit for 2024 is hailed as proof of successful reforms under Bayo Ojulari. Discover how operational discipline and commercial changes are reshaping Nigeria's oil and gas sector.

Nigeria eyes $10bn from 50 oil blocks lease

Nigeria's NUPRC launches 2025 oil licensing round for 50 blocks, aiming to raise $10bn and boost output by 400,000 barrels per day. Discover the transparent bidding process.

BBNaija S10 Illegally Streamed 5M+ Times

MultiChoice Nigeria exposes massive piracy of BBNaija Season 10, with over 5 million illegal streams. The company warns of economic sabotage and calls for updated copyright laws. Read more.

TotalEnergies Sells Nigeria Offshore Stake to Chevron

French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron. The deal aims to derisk and develop new opportunities in Nigeria's oil sector. Full details inside.

Child theft suspect escapes mob lynching in FCT

A woman was rescued from a mob after stealing a 3-year-old in Gwagwa, FCT. The incident highlights a surge in child thefts in the area, with community leaders raising alarm. Read more.

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