Tinubu nominates Board members for NMDPRA, NUPRC; writes Senate
President Bola Ahmed Tinubu has written two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and…
2026: Growth versus development, by Ken Ugbechie
Many things defined 2025. Wars and rumours of war were writ large. Russia-Ukraine war assumed full life with massive mortality. There was Israel versus Hamas, Hezbollah, and the Houthis, the…
Fidelity Bank scores a brace of all-female leadership, triggers investors’ excitement
The appointment of Mrs. Amaka Onwughalu as the new Board Chairman of Fidelity Bank, effective January 1, 2026 completes an all-female leadership brace in the fast-growing bank. Political Economist NG…
OPEC+ to maintain oil output policy amid Saudi-UAE tensions over Yemen, sources say
January 2, 2026 OPEC+ will likely maintain steady oil output at its meeting on Sunday, three OPEC+ delegates said on Friday, despite political tensions running high between key members Saudi…
41 ships laden with petroleum products, food items expected at Lagos ports
Jan. 2, 2025 Not fewer than 41 ships laden with petroleum products, food items and other goods are expected to arrive at Apapa, Tin-Can Island and Lekki Deep Sea Ports…
NNPC Ltd. targets industrial boom in country’s north as gas pipeline nears completion
Dec. 29, 2025 Nigeria’s state oil company is betting on a long-delayed gas pipeline to ignite an industrial revolution in the country’s north, its chief executive said after briefing President…
Tinubu lauds $1.126bn financing for Lagos-Calabar coastal highway phase 1, section 2
President Bola Tinubu has praised the Federal Ministry of Finance for successfully closing USD 1.126 billion in financing for the execution of Phase 1, Section 2 of the Lagos–Calabar Coastal…
Eyesan assumes office as CCE of NUPRC, states mission
Mrs Oritsemeyiwa Eyesan has assumed office as Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), pledging to advance the sector under the Petroleum Industry Act. She spoke…
IMPI urges FG to prioritise local arms production, ensure adequate funding for DICON, others
The Independent Media and Policy Initiative (IMPI) is proposing that the government prioritises local arms production with the Defence Industries Corporation of Nigeria (DICON) leading the charge. In a…
Oil up on news the US intercepted an oil tanker off Venezuela
December 22, 2025 Oil prices rose on Monday after officials said the U.S. had intercepted an oil tanker in international waters off the coast of Venezuela, raising fresh supply uncertainty….