
Energy







Axxela, NIPCO, Central Horizon Gas Company, Falcon Corporation, NNPC Gas Marketing, and Shell Nigeria Gas Limited have been licenced for gas distribution.

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has accused domestic refineries of importing substandard crude into Nigeria.

Host communities have threatened to shut down activities at Oil Mining Leases 86 and 88 if their grievances regarding security contracts are not addressed

FG's naira-for-crude program may continue, as evidenced by those familiar with the situation insisting that all parties to the arrangement would reconvene shortly.

President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company Limited (NNPC) and appointed Bayo Ojulari as the new Group CEO.

President Bola Tinubu's Special Adviser on Energy said Nigeria is expected to obtain more Final Investment Decisions this year to boost investor confidence.

The fuel price surge as a result of the suspension of the naira-for-crude deal is set to affect the cost of transportation, food and other items in the market.

Petroleum product marketers have predicted that petrol prices could hit N1,000 per litre following the collapse of the naira-for-crude deal between NNPC and Dangote.

Filling stations across the country have adjusted petrol pump prices following the Dangote Petroleum Refinery's decision to stop selling fuel in naira.
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