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    Nigeria’s ex-justice minister granted bail in $6m corruption case

    OPEC DAILY BASKET

    No changes to oil production policy expected at OPEC+ meeting

    London – OPEC+ isn’t planning to make any changes to oil production policy at next week’s monitoring meeting, several delegates from the group…

    OPEC daily basket price closes at $89.75 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $89.75 a barrel on Thursday, compared with $88.20 the previous…

    OPEC daily basket price closes at $84.62 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $84.62 a barrel on Wednesday, compared with $83.30 the previous…

    OPEC daily basket price closes at $76.90 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $76.90 a barrel on Wednesday, compared with $82.07 the previous…

    OPEC daily basket price closes at $79.77 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.77 a barrel on Tuesday, compared with $83.16 the previous…

    OPEC daily basket price closes at $83.16 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $83.16 a barrel on Monday, compared with $83.97 the previous…

    OPEC daily basket price closes at $79.93 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $79.93 a barrel on Monday, compared with $83.80 the previous…

    OPEC daily basket price closes at $91.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $91.32 a barrel on Thursday, compared with $93.22 the previous…

    OPEC daily basket price closes at $93.22 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $93.22 a barrel on Wednesday, compared with $95.99 the previous…

    OPEC daily basket price closes at $97.32 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $97.32 a barrel on Monday, compared with $96.15 the previous…

    OPEC daily basket price closes at $96.15 per barrel

    Vienna, Austria — The price of OPEC basket of thirteen crudes stood at $96.15 a barrel on Friday, compared with $93.51 the previous…

    Latest News

    ‘Money from sale of Venezuelan oil to be held in US-controlled bank accounts’

    January 7, 2026

    U.S. seizes Russia-flagged oil tanker

    January 7, 2026

    Nigeria’s ex-justice minister granted bail in $6m corruption case

    January 7, 2026

    Ghana’s inflation slows for 12th straight month in December

    January 7, 2026

    Aradel achieves 10 million LTI-Free Man-Hours across operations

    January 7, 2026

    FLNG, a flexible solution for Africa’s accelerated LNG development

    January 7, 2026
    December 2025

    Monthly Edition

    E-book

    Oil

    ‘Money from sale of Venezuelan oil to be held in US-controlled bank accounts’

    Washington — The U.S. has begun marketing Venezuelan oil and all proceeds from its sale will initially…

    U.S. seizes Russia-flagged oil tanker

    January 7, 2026

    Aradel achieves 10 million LTI-Free Man-Hours across operations

    January 7, 2026

    Venezuela oil investment faces long timelines, analysts say

    January 7, 2026

    Shell enters Angola acreage through farm-in with Chevron subsidiary

    January 7, 2026

    Gas

    FLNG, a flexible solution for Africa’s accelerated LNG development

    EU imports from the Kremlin’s flagship Yamal LNG project hit €7.2bn in 2025

    Gas

    FLNG, a flexible solution for Africa’s accelerated LNG development

    EU imports from the Kremlin’s flagship Yamal LNG project hit €7.2bn in 2025

    Nigeria LNG appoints Leye Falade as CEO

    Power

    JBNU–KIMS collaborative study matches superalloys for energy infrastructure

    Lagos — A joint research team from Jeonbuk National University and Korea Institute of Materials Science have…

    EKEDC targets improved service delivery after 60% stake acquisition by Transgrid Enerco

    January 4, 2026

    Orsted challenges US halt of its $5 billion offshore wind project

    January 3, 2026

    China issues guidance to boost grid investment, absorb more new energy

    January 1, 2026

    New England power prices rise in November, ISO says

    December 31, 2025

    Finance

    Ghana’s inflation slows for 12th straight month in December

    Accra — Ghana’s consumer inflation slowed for the 12th consecutive month, falling to 5.4% year on year…

    EU carbon tax, ALSCON delay threaten Nigeria’s growth

    January 6, 2026

    Akwa Ibom enforces TSA, ends MDA spending autonomy January 2026

    January 5, 2026

    Taxing poor Nigerians undermines growth, prosperity, Obi warns

    January 4, 2026

    Atiku slams Tinubu’s economic record, warns businesses face deeper pain

    January 4, 2026
    January 7, 2026

    Read the Weekly Edition

    Labour

    NNPCL warns Nigerians against fake recruitment, disowns scam advertisements

    Court adjourns PENGASSAN-Oando election dispute to February 2026

    Nigeria’s crude evacuation now costs $12 per barrel – PETAN

    Train 7 project ignites new workforce avenue as NLNG deepens local content

    Niger-Delta Question

    The case for intervention in Nigeria, beyond Trump’s bluster

    Solid Mineral

    Energy storage boom strengthens demand outlook for beaten-down lithium

    Congo will allow the execution of cobalt quotas until March 31, 2025

    Nigeria’s 11-month earnings from Solid minerals hits N64bn

    Global coal demand hit record high this year but is set to decline by 2030, IEA says

    Community Development

    Ogoni renew Bori State demand, link oil resumption to justice

    Freight

    Intelligence key to effective Customs operations — CGC tells Officers

    NIMASA commences special operation on enforcement of maritime laws

    25 people killed, 13 others rescued in Nigeria boat accident

    FOU Zone D Customs seizes 719 pieces of donkey skins worth over ₦24m

    Technology

    Wärtsilä introduces next-generation engine

    Focus

    Wärtsilä introduces next-generation engine

    ‘Mining, geosciences key to Nigeria’s economic diversification’

    Speed will define the technology landscape in 2025

    Global progress and challenges for autonomous buses & roboshuttles

    Nigerian Content Initiative

    NCDMB, MOI, NIS inaugurate tripartite committee to enhance regulatory compliance

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