.Reps order forensic audit of NMDPRA over gas infrastructure fund FIFTY oil blocks will be leased to investors to raise $10 billion and increase oil production by an additional 400,000 barrels per day, Abuja disclosed yesterday. This was as the House Read More
TotalEnergies sells 40% stake in Nigerian offshore assets to Chevron
TotalEnergies has agreed to sell a 40 per cent stake in two exploration licences offshore Nigeria to Chevron, marking a renewed wave of portfolio realignments. The company said on Monday that the divestment covers the PPL 2000 and 2001 licences Read More
DisCos record N45b revenue shortfall, 81.25% efficiency rate
Latest commercial performance factsheet released by the Nigerian Electricity Regulatory Commission (NERC) has revealed that distribution companies The post DisCos record N45b revenue shortfall, 81.25% efficiency rate appeared first on The Guardian Nigeria News – Nigeria and World News. Powered Read More
Oando inducted into Society for Corporate Governance of Nigeria
Oando Plc. has been formally inducted into the Society for Corporate Governance Nigeria (SCGN). This move marks the company’s entry The post Oando inducted into Society for Corporate Governance of Nigeria appeared first on The Guardian Nigeria News – Nigeria Read More
Dangote Refinery says it can supply up to 1.7bn litres of petrol monthly
Dangote Refinery has stated that it is prepared to supply Nigeria’s domestic premium motor spirit (PMS) requirements, including 1.5 billion litres per month in December 2025 and January 2026, and 1.7 billion litres per month from February 2026. This was Read More
Oil resumption: Ogoni communities lament FG’s silence after committee report
Ogoni communities have expressed frustration over the Federal Government’s silence, months after receiving reports from the Dialogue Committee chaired by Prof. Don Baridam, which was established to engage local residents on the potential resumption of oil exploration in Ogoniland. Community Read More
Nigerians spend N21.8 trn on petrol in 12 months
Nigeria’s struggle to attain domestic energy security is far from being overcome after a fresh data released by the Federal Government The post Nigerians spend N21.8 trn on petrol in 12 months appeared first on The Guardian Nigeria News – Read More
Tackle prolonged electricity challenge in Ibadan, Bodija residents tell Minister
The Bodija Estate Residents Association (BERA), the umbrella body representing all community associations within Bodija, has appealed to the Minister of Power to urgently intervene in the prolonged electricity challenges crippling Old Bodija, New Bodija, Basorun, Iwo Road, Oje, Mokola Read More
NNPCL-Heirs Energies JV boosts gas supply, power generation
Nigeria’s domestic gas supply and electricity generation have received a major boost as the NNPCL/Heirs Energies OML 17 Joint Venture (JV) announced a landmark breakthrough through the innovative and rigless recompletion of a key non-associated gas well in OML 17. Read More
Reps raise alarm over N1.65trn in PIA funds denied to N’Delta
The House of Representatives Committee on South South Development Commission (SSDC) has raised alarm over Nigeria’s failure to implement two key Petroleum Industry Act (PIA) funds, saying it has denied the Niger Delta an estimated N1.65 trillion earmarked for environmental Read More