Port Harcourt — Nigeria is moving to tighten accountability in its oil and gas sector following the implementation push for Executive Order 9, a directive aimed at ensuring that all petroleum revenues ...

The Nigerian National Petroleum Company Limited recorded a profit after tax of N385bn in January 2026, even as crude oil and condensate production rose to ...

As a result, major oil suppliers are due to meet shortly to open the tap of their strategic reserves. Another contributor to the hike in oil prices has been the effectual closure of the strait of ...

During the week, trade expert Mr John Isemede made a suggestion that caught my attention. He argued that our current trade ...

Nigeria faces fuel price hikes as global crude oil surges near $117/barrel, raising concerns over economic strain and ...

Global crude oil prices surged above $100 per barrel as of Monday morning as Premium Motor Spirit, PMS, surpassed N1,000 per liter in Nigeria, DAILY POST ...

Global oil prices have surged past $100 per barrel for the first time in over five years as the escalating conflict involving the United States, Israel and Iran disrupts supplies through the Strait of ...

Oil and gas companies listed on the Nigerian Exchange recorded a combined pre-tax profit of N1.23 trillion in 2025, a ...

Petrol prices have risen above N1,000 per litre in several Nigerian states after Dangote Refinery increased its gantry price ...

A senior lecturer at Hussaini Adamu Polytechnic, Kazaure, Dr. Tijjani Ahmad, has explained that the recent increase in fuel prices in Nigeria is largely ...

Adetunji Oyebanji, the longest-serving chief executive in 11 Plc’s modern history, will retire effective March 31, 2026, ending a 45-year ...

The Managing Director and Chief Executive Officer of Dangote Petroleum Refinery, David Bird, has explained why fuel prices are unlikely to fall despite the plant operating at full capacity, citing ...