Oil & Gas
The 10 Nigerian States With the Cheapest Fuel in March 2026
The National Bureau of Statistics released its Premium Motor Spirit Price Watch for March 2026, and the data shows meaningful gaps between states at the top and bottom of the pricing table. For motorists, transporters, and farmers trying to manage costs, those gaps matter. Some states are absorbing the pressure…
Read More »Nigeria’s Oil Output Reaches a 5-Year High as Production Climbs to 1.71 Million Barrels Per Day
The Nigerian National Petroleum Company has confirmed that the country’s crude oil production reached 1.71 million barrels per day between April 2025 and April 2026, the highest output level Nigeria has achieved in five years. The milestone arrives on the back of upstream improvements, infrastructure delivery, and a raft of…
Read More »Who Controls Nigeria’s Oil Sector in 2026?
Nigeria’s oil industry is changing in a big way. Big foreign companies like Shell and ExxonMobil are stepping back from many onshore assets. As they leave, Nigerian companies and powerful local groups are taking over. To understand who owns Nigeria’s oil blocks in 2026, you have to look past the…
Read More »Beyond the ₦17.5 Trillion Spent: Who is Really Taking Responsibility for Pipeline Security Corruption?
Nigeria’s oil pipelines are often called the veins of the nation’s economy, but for many years, those veins have been leaking. In recent times, the plan to protect them has moved away from only military action to a controversial, multi-billion naira private security system. As the federal government keeps spending…
Read More »Dangote Refinery Eyes $11.5bn Chemicals Market Amid Import Gap
Aliko Dangote is widening the reach of his industrial empire as the Dangote Refinery moves into petrochemicals, targeting a major market Nigeria still depends on imports to supply. The company plans to produce raw materials used in detergents, cleaning products, plastics and other consumer goods, adding another layer to its…
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