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    Domestic gas sales jump 30% as reforms strengthen market confidence

    OPEC DAILY BASKET

    No changes to oil production policy expected at OPEC+ meeting

    London – OPEC+ isn’t planning to make any changes to oil production policy at next week’s monitoring meeting, several delegates from the group…

    OPEC daily basket price closes at $89.75 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $89.75 a barrel on Thursday, compared with $88.20 the previous…

    OPEC daily basket price closes at $84.62 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $84.62 a barrel on Wednesday, compared with $83.30 the previous…

    OPEC daily basket price closes at $76.90 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $76.90 a barrel on Wednesday, compared with $82.07 the previous…

    OPEC daily basket price closes at $79.77 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.77 a barrel on Tuesday, compared with $83.16 the previous…

    OPEC daily basket price closes at $83.16 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $83.16 a barrel on Monday, compared with $83.97 the previous…

    OPEC daily basket price closes at $79.93 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.93 a barrel on Monday, compared with $83.80 the previous…

    OPEC daily basket price closes at $91.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous…

    OPEC daily basket price closes at $93.22 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $93.22 a barrel on Wednesday, compared with $95.99 the previous…

    OPEC daily basket price closes at $97.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $97.32 a barrel on Monday, compared with $96.15 the previous…

    OPEC daily basket price closes at $96.15 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $96.15 a barrel on Friday, compared with $93.51 the previous…

    Latest News

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    Ibom FZE supports host community pupils, education

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    NCDMB sets Q4 2026 for Bayelsa oil & gas industrial park

    June 15, 2026
    June 2026

    Read the Monthly Edition

    E-book

    Oil

    Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz

    Houston — Oil prices slumped 5% to a three-month low on ​Monday amid a broad selloff after…

    Pipeline vandalism surges as NNPC records fresh attacks in North Central

    June 15, 2026

    Nigeria targets oil revenue gains as IMF backs reforms

    June 15, 2026

    Lokpobiri hails petroleum reforms as investments surge into Nigeria

    June 14, 2026

    Nigeria targets 2.5million barrels daily as investment surges

    June 14, 2026

    Gas

    Domestic gas sales jump 30% as reforms strengthen market confidence

    LPG landing cost crashes, but Nigerians still pay up to ₦2,400/kg

    Gas

    Domestic gas sales jump 30% as reforms strengthen market confidence

    LPG landing cost crashes, but Nigerians still pay up to ₦2,400/kg

    Gas pricing reforms boost investor confidence – Shell

    Power

    Aso Rock dumps national grid over ₦47bn annual power bill

    Precious Anga Lagos — Nigeria’s seat of power is set to exit the national electricity grid as…

    Mambilla power fraud: Witness explains FEC document certification dispute

    June 14, 2026

    Tinubu ramps up power access with 1,000 mini-grid projects

    June 14, 2026

    Nigeria’s power reform faces delivery test as Band A credits and net billing take effect

    June 12, 2026

    Alaoji transmission fault disrupts power supply across Port Harcourt

    June 11, 2026

    Renewable Energy

    New green building framework aims to reshape Nigeria’s construction sector

    Precious Anga Lagos — Stakeholders in Nigeria’s built environment have launched a new initiative to accelerate sustainable…

    ECOWAS pushes renewable energy drive to electrify rural communities

    June 15, 2026

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    June 14, 2026

    Shell plans $1 billion wind farm sales in latest renewables exit, Bloomberg News reports

    June 13, 2026

    Nigeria needs more than power generation to end electricity poverty

    June 12, 2026

    Finance

    AFC backs $7bn Dangote Fertiliser expansion

    Lagos, Nigeria — Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, is helping drive a US$7…

    Nigeria’s company tax revenue drops 31% despite mining strength

    June 15, 2026

    Obi queries Tinubu’s borrowing spree despite revenue doubling

    June 14, 2026

    World Bank injects $243m to power underserved Nigerian communities

    June 14, 2026

    Investments, enterprise will drive Nigeria’s $1 trillion economy – VP Shettima

    June 11, 2026
    June 10, 2026

    Read the Weekly Edition

    Labour

    Nigeria, World Bank strengthen partnership to build capacity of institutional workforce

    PTDF, Air Force Institute deepen partnership on energy skills

    TotalEnergies launches 2026 employee share offering

    Capital increase reserved for employees of TotalEnergies in 2026

    Niger-Delta Question

    How Nigeria’s refinery deals keep failing while questionable partnerships emerge

    Solid Mineral

    Niger cracks down on illegal mining, shuts six processing sites

    EFCC uncovers N4.4bn gold smuggling ring in Kano

    FG launches EMERGE to accelerate mining investment, mineral processing

    WSP in Africa positions integrated mining capability for W/Africa’s next growth phase

    Community Development

    Ibom FZE supports host community pupils, education

    Freight

    Stakeholders urge Rivers govt to harness blue economy, audit environment

    CGC Adeniyi strengthens global partnerships at Customs diplomatic reception

    Customs, stakeholders close ranks against smuggling in Ondo/Ekiti

    Abia targets new maritime trade hub with Azumini seaport

    Technology

    Automated driving to improve traffic safety and energy efficiency

    Focus

    Automated driving to improve traffic safety and energy efficiency

    Nigeria, South Korea seal deal to manufacture electric vehicles locally

    Wärtsilä introduces next-generation engine

    ‘Mining, geosciences key to Nigeria’s economic diversification’

    Nigerian Content Initiative

    NCDMB sets Q4 2026 for Bayelsa oil & gas industrial park

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