11 h. ago Troops foil ₦3.5bn oil theft, recover 2.38 million litres of stolen crude oil.

Nigerian troops have foiled oil theft operations valued at over ₦3.5 billion in the Niger Delta, recovering a staggering 2.38 read more Troops foil ₦3.5bn oil theft, recover 2.38 million litres of stolen crude oil.

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35 h. ago “Content is the New Oil” – Izuchukwu Nwankpa’s vision to monetise creativity for young Nigerians

Data is expensive and visibility even more so, but one tech entrepreneur is betting big on a simple idea: Nigerian read more “Content is the New Oil” – Izuchukwu Nwankpa’s vision to monetise creativity for young Nigerians

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36 h. ago How Nigeria can transform cassava crop from subsistence to industrial driver

As Africa’s most populous nation seeks to diversify its economy away from oil and drive industrialisation, cassava crop has been read more How Nigeria can transform cassava crop from subsistence to industrial driver

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58 h. ago Federal Gov’t Approves 37 New Evacuation Routes To Curb Oil Theft

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the federal government has approved 37 new crude oil evacuation routes as part of strategic efforts to combat oil theft and enhance production. Speaking at the ongoing 2025 Nigeria Oil and Gas (NOG) Energy Week in Abuja, NUPRC Chief Executive Officer, Gbenga Komolafe, said protecting […]

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62 h. ago Nigeria’s inflated oil revenue projections linked to legislators’ bogus projects

The long-standing habit of exaggerating oil revenues in Nigeria is used by the National Assembly to cover the bogus constituency read more Nigeria’s inflated oil revenue projections linked to legislators’ bogus projects

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67 h. ago WDCL, Rolon Seals Firm To Drive Investment, Innovation In Africa’s Energy Sector

As Nigeria positions itself at the forefront of Africa’s evolving energy landscape, Chief Operating Officer of Western Development Company Nigeria Ltd. (WDCL), Obinna Okoroigwe has reaffirmed his commitment to driving investment and innovation opportunities in Africa’s oil and gas sector. Speaking during the activities marking Nigerian Oil and Gas Week in Abuja yesterday,  Okoroigwe stated […]

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67 h. ago IMF flags Nigeria’s fiscal risks as oil revenue trails budget

The International Monetary Fund urged the federal government to rework its 2025 N54.99 trillion budget to reflect a less favourable oil price read more IMF flags Nigeria’s fiscal risks as oil revenue trails budget

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2 d. ago Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report

By Chinwendu Obienyi Nigeria’s economy is expected to grow by as much as 4.2 per cent by the end of the year, buoyed by improved crude oil production, stronger business sentiment, and a gradual recovery from the economic shocks triggered by recent reforms, the latest report from Stanbic IBTC Bank revealed on Wednesday. The estimate […] The post Nigeria’s growth rate to hit 4.2% amid improved oil output, business conditions –Report appeared first on The Sun Nigeria.

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3 d. ago FG approves 37 new crude evacuation routes to curb oil theft

From Adanna Nnamani, Abuja The federal government has approved 37 new crude oil evacuation routes across Nigeria to tackle oil theft and enhance transparency in the movement of crude to export terminals. The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, disclosed this at the 24th Nigerian Oil and […] The post FG approves 37 new crude evacuation routes to curb oil theft appeared first on The Sun Nigeria.

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3 d. ago Nigeria approves 37 new evacuation routes to bolster oil security, curb theft

The Nigerian government has approved 37 new evacuation routes across the country’s oil-producing regions. The development, announced during the 24th read more Nigeria approves 37 new evacuation routes to bolster oil security, curb theft

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3 d. ago Beyond oil: Repositioning human capital as Nigeria’s national strategy to access global platforms

In the global race for influence, innovation, and economic relevance, nations are increasingly realising that their most strategic resource is read more Beyond oil: Repositioning human capital as Nigeria’s national strategy to access global platforms

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4 d. ago 216 Chinese investors set to invest in Nigeria’s oil, gas sector

Tribune Online 216 Chinese investors set to invest in Nigeria’s oil, gas sector Ongoing efforts aimed at attracting foreign direct investment gained momentum as 216 Chinese investors are set to invest in... 216 Chinese investors set to invest in Nigeria’s oil, gas sector Tribune Online

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4 d. ago Lokpobiri, stakeholders plead for more investment in Nigeria’s oil industry

Nigeria achieved 100% oil pipeline availability – NNPC From Femi Folaranmi, Yenagoa The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, and stakeholders in the oil industry on Tuesday pleaded for more investments in Nigeria’s oil industry to accelerate the development of Nigeria’s economy. They spoke at the opening ceremony of the Nigeria Oil […] The post Lokpobiri, stakeholders plead for more investment in Nigeria’s oil industry appeared first on The Sun Nigeria.

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4 d. ago FG to reclaim dormant oil assets, demands results from operators — Lokpobiri declares

The Federal Government has issued a bold ultimatum to oil and gas operators in Nigeria: deliver measurable results or relinquish read more FG to reclaim dormant oil assets, demands results from operators — Lokpobiri declares

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4 d. ago We must move from rhetoric to results — Lokpobiri charges operators at Nigerian oil and gas conference 2025

The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has delivered a stirring call to action at the 2025 Nigerian Oil and Gas (NOG) Conference, urging industry stakeholders to convert Nigeria’s abundant petroleum assets into measurable output rather than leaving them dormant or underutilized. Speaking during the opening ceremony of the conference […] The post We must move from rhetoric to results — Lokpobiri charges operators at Nigerian oil and gas conference 2025 appeared first on The Sun Nigeria.

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5 d. ago Oil prices sink below $67 as Iran backs off Strait of Hormuz retaliation

Global crude oil prices have plummeted below $67 per barrel, following Iran’s decision not to block the Strait of Hormuz in response to recent U.S. airstrikes, defusing fears of a global energy crisis and easing market volatility. After surging to $77.08 on June 19 amid rising Middle East tensions, Brent crude (Nigeria’s crude grade) fell […] The post Oil prices sink below $67 as Iran backs off Strait of Hormuz retaliation appeared first on The Sun Nigeria.

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5 d. ago Niger Delta: CSOs, Bayelsa traditional ruler kick against divestment of oil assets

Tribune Online Niger Delta: CSOs, Bayelsa traditional ruler kick against divestment of oil assets Coalition of Civil Society Organizations (CSOs) led by Health of Mother Earth Foundation (HOMEF) in collaboration with Social Action on Monday kicked against the divestment of oil assets in the Niger Delta region of Nigeria. Niger Delta: CSOs, Bayelsa traditional ruler kick against divestment of oil assets Tribune Online

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5 d. ago How citizens aid crude oil thieves in Niger Delta, Tantita boss reveals

Tribune Online How citizens aid crude oil thieves in Niger Delta, Tantita boss reveals The Executive Director of Technical Operations at Tantita Security Services Nigeria Limited (TSSNL), Capt. Warredi Enisuoh, has lamented the widespread culture of indifference among Nigerians as a key factor contributing to the persistent crude oil theft plaguing the Niger Delta, describing it as sabotage driven by apathy and economic desperation. Speaking during a lecture titled, […] How citizens aid crude oil thieves in Niger Delta, Tantita boss reveals Tribune Online

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5 d. ago CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non

From Adanna Nnamani, Abuja Nigeria recorded a current account surplus of $3.73 billion in the first quarter of 2025, buoyed by a strong rebound in the goods account and a surge in non-oil exports. This was according to the latest Balance of Payments (BoP) statistics released by the Central Bank of Nigeria (CBN). Though the […] The post CBN posts $3.73bn current account surplus in Q1 2025, driven by surge in non-oil exports appeared first on The Sun Nigeria.

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5 d. ago Aliens use sophisticated methods to siphon Nigeria’s crude oil –Tantita

From Joe Obukata Ogbodu, Warri The Executive Director (Technical Operations), of Tantita Security Services Limited, Capt. Warredi Enisuoh, has revealed how foreigners were coming from neighbouring countries Niger Republic to steal Nigerian oil with unmarked tankers. Captain Enisuoh, disclosed this over the weekend during the commissioning and handover of the permanent Secretariat of Nigeria Union […] The post Aliens use sophisticated methods to siphon Nigeria’s crude oil –Tantita appeared first on The Sun Nigeria.

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