Oil & Gas

Nigeria’s oil and gas sector is a major part of its economy, but it’s facing several big challenges in 2025.  Industry experts say avoiding certain problems is important to keep the sector stable and growing. Key Challenges to Tackle: 1. Oil Theft and Pipeline Damage  A major issue in Nigeria’s…

The Dangote Petroleum Refinery, a pivotal project expected to make Nigeria self-sufficient in petrol production, is inching closer to flooding the Nigerian market with its first petrol supplies, with test runs, already in motion. Initially slated to commence petrol production in June, the refinery, owned by Africa’s wealthiest person, Aliko…

The Independent Petroleum Producers Group (IPPG) has expressed concerns regarding the Nigeria government’s decision to sell crude oil in naira to Dangote Refineries and other local refineries in the country. President Bola Tinubu had given the Nigerian National Petroleum Company (NNPC) an approval to sell crude to local refineries in…

As Nigeria grapples with inflation and economic hardships, President Bola Tinubu’s extensive foreign travel expenditures have come under scrutiny. Between February and July, Tinubu’s administration reportedly spent a N2.3 billion on foreign trips. In one year, he has visited over 10 nations and spent over N3.4 billion on local, foreign…

Recent investigations have exposed a concerning operation involving the importation of substandard petrol from Malta into Nigeria, Africa’s leading oil producer. The company allegedly behind the Malta import is Matrix Energy, a Nigerian firm with both upstream and downstream operations. The company is owned and operated by Abdulkabir Aliu, who…