Nigeria’s Petrol Imports Surge 59.5% in May Despite Refinery Growth
Nigeria’s petrol imports rebounded sharply in May 2026, rising 59.5% month-on-month despite increasing output from domestic refineries, underscoring the complexities ...
Tag: Oil and Gas Industry
Oil Sector Attracts $460,000 Investment in Three Months – NBS
Nigeria’s oil and gas sector attracted approximately $460,000 in capital inflows during the first three months of the year, according ...
Nigeria Misses Petroleum Profit and Gas Tax Revenue Target by N17.4 Trillion
Nigeria recorded a significant revenue shortfall from petroleum profit tax and gas tax collections, missing its target by N17.4 trillion ...
NUPRC Pushes Joint Action to Resolve Nigeria’s Gas-to-Power Bottlenecks
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for stronger collaboration among regulators, gas producers, power generation companies, and ...
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