As part of efforts to expand access to cheaper alternative fuel and reduce transportation costs, the federal government has commissioned five Compressed Natural Gas (CNG) daughter and last-mile retail stations in Lagos State.

The facilities, developed by the Ibile Oil and Gas Corporation (IOGC)...

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Nigeria produced a daily average of 1.687 barrels of crude oil and condensate in October 2026, and met its OPEC quota for the sixth consecutive month.

Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed that in strict crude oil terms (excluding condensate), the country...

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A collaboration of the Nigeria LNG Limited (NLNG) between the Nigerian Content Development and Monitoring Board (NCDMB) has launched a $9 million professorial chair endowment programme across six Nigerian universities.

The organisations stated that the move is to develop commercially viable...

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A total of 595 well re-entries and 145 new well-drilling operations, alongside 39 Field Development Plans (FDPs) have been approved in the first 10 months of 2026, as Nigeria intensifies efforts to ramp up crude oil production and attract fresh investments.

In addition, the Nigerian Upstream...

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Osun State Governor, Senator Ademola Adeleke has denied taking foreign loans either secretly or openly since he took over the reign of governance in November 2022, describing any insinuation in that line as mere fake news.

The governor was responding to a recent publication of the state foreign...

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