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Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

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FG unveils unified regulatory framework for crypto industry

Policy and Regulations

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The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
featured News

Court stops PENGASSAN from disrupting Dangote Refinery operations

The National Industrial Court in Abuja has issued an interim order restraining the Petroleum and Natural Gas Senior Staff Association of Nigeria from halting crude oil and gas supply to the Dangote Petroleum Refinery and Petrochemicals FZE. Justice Emmanuel Danjuma Subilim delivered the ruling on Monday, barring PENGASSAN and other defendants from embarking on any […]

Oil and Gas

FG reassures stable petrol supply amid Dangote-PENGASSAN dispute

The Federal Government has reassured Nigerians that there will be no disruption in the supply of refined petroleum products across the country, despite recent concerns in the downstream oil sector. This assurance followed a meeting of the Steering Committee on the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative, chaired by Minister […]

featured Oil and Gas

FG holds emergency meeting to resolve Dangote-PENGASSAN dispute

The Federal Government, through the Ministry of Labour and Employment, has initiated a reconciliation meeting to resolve the ongoing dispute between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria. The meeting, chaired by Minister of Labour and Employment Muhammad Dingyadi, brings together leadership from PENGASSAN, Dangote Refinery, the Minister of […]

Aviation

FAAN projects triple revenue with new contactless payment system

The Federal Airports Authority of Nigeria has announced that the rollout of its new contactless payment system at Lagos and Abuja airports is expected to triple its revenue. The Managing Director of FAAN, Olubunmi Kuku, disclosed this on Monday during the pilot launch of “Operation Go Cashless” at the Murtala Muhammed International Airport, Lagos. Kuku […]

Opinion

Shehu Sani urges Dangote Refinery to call sacked workers

Former lawmaker Senator Shehu Sani has urged the management of Dangote Refinery to reinstate workers allegedly dismissed for joining trade unions, describing the move as a violation of constitutional rights and a threat to industrial peace. In a statement, Sani also appealed to the Petroleum and Natural Gas Senior Staff Association of Nigeria to suspend […]

Helth

National biotechnology agency assures Nigerians of GMO safety

The National Biotechnology Research and Development Agency has assured Nigerians of the health safety of genetically modified organisms. NBRDA Director-General Abdullahi Mustapha made this assertion in a statement, emphasizing that the ongoing debates around GMOs are largely based on misinformation. According to Mustapha, the agency prioritizes bridging the knowledge gap through evidence-based engagement, sensitization, and […]

Travel

China unveils K visa to lure foreign tech talents

China has introduced a new visa category, known as the K visa, aimed at attracting foreign science, technology, engineering, and mathematics graduates. The move is seen as a strategic bid to bolster Beijing’s technology workforce as the United States tightens access to its H-1B program. The K visa, set to take effect on October 1, […]

Monthly petrol import drops by 990m litres - Minister
Oil and Gas

Nigeria achieves petrol export milestone with N371.54bn shipment

Nigeria has made a significant breakthrough in its energy sector, exporting Premium Motor Spirit, popularly known as petrol, worth N371.54 billion in the second quarter of 2025. This milestone marks the first recorded shipment of the product after the Dangote Petroleum Refinery, Africa’s largest single-train refining complex, came online. According to the National Bureau of […]

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Travel

UK proposes stricter rules for migrant settlement

The United Kingdom government is set to unveil new plans for migrants seeking to settle in the country. Under the proposed changes, migrants will be required to have a job, not claim benefits, and undertake community work. Interior Minister Shabana Mahmood will outline the plans at the annual conference of the ruling Labour Party, emphasizing […]

Oil and Gas

NNPCL reports 91.3% increase in monthly profit to N539bn

The Nigerian National Petroleum Company Limited has reported a significant increase in its monthly profit, rising by 91.3 per cent to N539 billion in August 2025, up from N185 billion recorded in July. According to the company’s Monthly Report Summary for August 2025, NNPCL’s revenue also increased to N4.655 trillion, compared to N4.406 trillion in […]

Global oil supply hits record high in August - IEA
featured Oil and Gas

Nigeria’s oil production rises to 1.8m barrels daily

Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said that Nigeria’s oil production rose to 1.8 million barrels per day, from 1 million, adding that the goal is to reach 2.5 million bdp, as American companies are already showing strong interest in investing in Nigerian oil blocks. Speaking at the inaugural Africa […]

China denies link to cyberespionage group accused of targeting Singapore
Business

Nigeria-China trade surges by 34.7% to $15.48bn

Trade between Nigeria and China surged by 34.7 per cent to $15.48 billion in the first seven months of 2025 compared to the same period last year. China’s Consul General in Lagos, Yan Yuqing, disclosed this during a reception celebrating China’s 76th founding anniversary, Nigeria’s 64th independence anniversary, and the Mid-Autumn Festival. Yuqing highlighted that […]

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