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Dublin, Ireland -- Nigeria lost $1.1 billion, an equivalent of N1.493 trillion in its local currency, to gas flaring in 2025, as oil and gas companies operating in the country burnt 323 billion standard cubic feet, BSCF, of gas between...
Lagos -- Nigeria has once again failed to meet its crude oil production quota allocated by the Organization of the Petroleum Exporting Countries, OPEC, extending a worrying trend that continues to raise concerns over the country’s...
Port Harcourt -- Rivers State, Delta State and Lagos State emerged as the top beneficiaries of the Federation Account Allocation Committee, FAAC, disbursement for March 2026, as the three tiers of government shared a total of N2.23...
Port Harcourt -- Twentyeight grid-connected electricity generation plants across Nigeria produced an average of 4,286 megawatts, MW, of electricity in April 2026, despite having a combined installed generation capacity of 13,625MW,...
Lagos -- Nigeria and Morocco are set to sign a major intergovernmental agreement later this year to push forward the longdelayed Nigeria-Morocco Gas Pipeline project, a multi-billiondollar energy corridor expected to reshape gas trade across...
Lagos -- The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Oritsemeyiwa Eyesan, has called on stakeholders across the gas, power and financial sectors to stop operating in silos and...
