Stakeholders in Nigeria’s oil and gas sector have called for stronger accountability, inclusive development, and effective implementation of the Petroleum Industry Act (PIA) to ensure host communities benefit meaningfully from oil exploration activities.

The call was made during the 2nd KEFFESO...

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The Israeli military said on Thursday that Mohammed Wishah, an Al Jazeera journalist killed in a strike in Gaza on Wednesday, was a Hamas operative “operating under the guise of a journalist.”

According to Israeli forces, Wishah was “a key terrorist in Hamas’ rocket and weapons production...

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Nigeria's National Assembly joint Committees on Petroleum Resources have a vote of confidence on Tantita Security Service (TSS), the security agents and the Nigerian National Petroleum Company (NNPC Ltd) for helping to restore the nation’s oil production.

They took the stance in Abuja, on...

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Nigeria’s economic outlook has suffered a downgrade as the World Bank revised the country’s growth projection to 4.1 percent for 2026, down from its earlier estimate of 4.4 percent.

The downgrade was disclosed in the bank’s April 2026 Africa Economic Update titled “Making Industrial Policy...

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The World Bank has alleged that the disparity in costs of imported Premium Motor Spirit (PMS), otherwise called petrol, the one supplied by the Dangote Petroleum Refinery, has potential to deepen inflationary pressures in Nigeria’s economy.

In its latest Nigeria Development Update, the World Bank...

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