Nigerian troops arrest two suspects impersonating the Chief of Army Staff in Edo. In nationwide operations, terrorists are killed, kidnap victims rescued, and illegal oil sites destroyed. Read the full report.
The Independent Petroleum Producers Group (IPPG) announces indigenous firms now account for over 50% of Nigeria's crude oil and gas production. Discover the impact on energy security and sector growth.
Petroleumprice.ng honours Aliko Dangote, MRS Oil, Rainoil, and others in its first industry awards. Winners were chosen via a hybrid model of public votes and expert judges. Read the full list.
A civil society coalition has lauded NNPC Ltd's CEO, Bashir Bayo Ojulari, for transformative leadership that increased crude production to a 36-year high of 355,000 bpd and drove record profits. Read the full appraisal.
A new US blockade on Venezuelan oil shipments could slash production and halve exports, pushing the economy deeper into crisis. Experts warn of severe impacts.
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 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.
US President Donald Trump announces a total blockade of sanctioned Venezuelan oil vessels, escalating tensions. Learn the details and potential impact on the global oil market.
Nigerian consumers have voted Golden Terra Soya Oil as the Most Preferred Healthy Cooking Oil at the 2025 Consumer Value Awards. Discover why 72% chose this heart-friendly brand.
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.
Tantita Security Services has dismissed a former employee in Ondo State after internal probes uncovered alleged misconduct tied to illegal oil activities. Read the full details.
Mining Marshals Commander John Onoja Attah demands legislated inter-agency cooperation to combat evolving threats like illegal mining and terrorism. Read his full speech from the RazorNews Awards.
Anambra State ramps up efforts to harness its vast mineral resources for industrial growth. Officials cite illegal mining as a major challenge causing revenue loss. Discover the plan for sustainable development.
A 17-year-old boy died after a powerful illegal firework exploded in a South LA backyard. The blast, mistaken for a bomb, occurred on West 84th Street. Read the full report.
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.
The Nigeria Police Force warns that officers found escorting VIPs will be arrested as the duty is now illegal. Enforcement is ongoing at airports in Abuja and Lagos. Read more.
Edo State unveils a ₦160 billion plan to remediate over 60 gully erosion sites and combat illegal sand mining. The initiative includes a massive tree-planting campaign.
Irish regulator investigates TikTok and LinkedIn for potential breaches of EU Digital Services Act. Platforms accused of poor illegal content reporting systems. Read the full details.
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.
UK's GETI commends NUPRC for transparent $10bn oil licensing round. Digital portal for 50 blocks aligns Nigeria with global best practices, boosting investor confidence. Read more.
Nigeria Police Force warns that officers found escorting VIPs will be arrested. IGP Egbetokun's directive aims to redeploy personnel to tackle insecurity nationwide. Full details.
OCHA Brigade arrests seven individuals for illegal extortion in Amansea. Suspects paraded and remanded. State vows to curb unauthorized levies during festive season.
UK-based GETI commends NUPRC's digital licensing portal, projecting $10bn investment. A new benchmark for Africa's oil sector under Engr. Gbenga Komolafe's leadership.
The proposed Lagos State 2025 Tenancy Bill introduces strict penalties, including fines up to N1,000,000 and imprisonment, to curb exploitative housing practices. Learn the key offences for landlords, agents, and tenants.
Nigeria's SEC vows to freeze accounts and seal offices of Ponzi promoters, warning of N316bn losses. Learn how to spot and avoid illegal investment scams.
A beachside office in the Cook Islands is being used by dozens of tankers to smuggle Russian and Iranian oil, undermining Western sanctions. New Zealand expresses alarm. Read the full investigation.
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.
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.
French oil giant TotalEnergies sells a 40% stake in Nigerian offshore exploration licences to Chevron subsidiary. Deal aims to develop new opportunities in Nigeria's oil sector.
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.