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    US praises Nigeria’s CNG push, urges wider adoption

    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

    The risk problem with investors treating African energy as one market

    June 20, 2026

    NNPC pushes regional energy integration, technology for Africa’s growth

    June 20, 2026

    China sets new solar efficiency record with Perovskite breakthrough

    June 20, 2026

    Nigeria must act faster on environmental challenges

    June 20, 2026

    UNDP urges Nigeria to pursue future beyond plastic dependence

    June 20, 2026

    Ndume urges ECOWAS governments to dedicate 5% of budgets to rural energy

    June 20, 2026
    June 2026

    Read the Monthly Edition

    E-book

    Oil

    NMDPRA, NEITI deepen data transparency drive to strengthen reforms

    Mkpoikana Udoma Port Harcourt — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and the Nigeria…

    Nigeria beats OPEC quota as Trans Niger Pipeline stability lifts output

    June 19, 2026

    PETROAN urges refiners and importers to reflect downward price adjustments

    June 19, 2026

    Middle East crude slips into discounts as U.S.-Iran deal lifts supply outlook

    June 19, 2026

    UAE’s post‑OPEC expansion push to lift oil output above 5 million bpd next year, IEA says

    June 19, 2026

    Gas

    Nigeria’s domestic gas sales jump as production nears 8bcf/d

    NNPC, TotalEnergies renew methane pact for emissions cuts

    Gas

    Nigeria’s domestic gas sales jump as production nears 8bcf/d

    NNPC, TotalEnergies renew methane pact for emissions cuts

    Cooking gas prices could drop below ₦1,100/kg if reforms succeed

    Power

    The risk problem with investors treating African energy as one market

    Lagos — The El Niño-linked drought that parched Southern Africa in 2024 emptied one of the most…

    ‘Steel, power sectors must align to drive industrial growth’

    June 18, 2026

    Energy Commission of Nigeria seeks enhanced collaboration with NERC on energy development initiatives

    June 18, 2026

    Tegbe calls for sustainable financing models at Nigeria Power for Health Initiative

    June 18, 2026

    Nigeria seeks private sector investment to power healthcare facilities nationwide

    June 18, 2026

    Renewable Energy

    China sets new solar efficiency record with Perovskite breakthrough

    Precious Anga  Lagos — China has reclaimed the global lead in solar technology after solar manufacturer Trina…

    Ndume urges ECOWAS governments to dedicate 5% of budgets to rural energy

    June 20, 2026

    Clean energy investment surges to $2.2 Trillion, outpaces fossil fuels

    June 20, 2026

    US praises Nigeria’s CNG push, urges wider adoption

    June 19, 2026

    NEMSA unveils solar mini-grid rules, boosts renewable energy oversight

    June 19, 2026

    Finance

    Again, Obi questions Nigeria’s rising debt, demands borrowing transparency

    Mkpoikana Udoma Port Harcourt — The presidential candidate of the National Democratic Party, Mr. Peter Obi, has…

    CBN launches NOFR to deepen markets, boost investor confidence

    June 17, 2026

    Angola’s state oil firm secures $2.65bn financing from foreign lenders

    June 16, 2026

    AFC backs $7bn Dangote Fertiliser expansion

    June 15, 2026

    Nigeria’s company tax revenue drops 31% despite mining strength

    June 15, 2026
    June 17, 2026

    Read the Weekly Edition

    Labour

    NADDC commissions automotive training centre in Zamfara, graduates 100 youths

    Nigeria, World Bank strengthen partnership to build capacity of institutional workforce

    PTDF, Air Force Institute deepen partnership on energy skills

    TotalEnergies launches 2026 employee share offering

    Niger-Delta Question

    How Nigeria’s refinery deals keep failing while questionable partnerships emerge

    Solid Mineral

    FG commends progress on $400m rare earth processing plant in Nasarawa

    Nigeria secures $3bn mining investments, signals sector growth

    ‘Steel, power sectors must align to drive industrial growth’

    Niger cracks down on illegal mining, shuts six processing sites

    Community Development

    ‘People of the South-South region expect impact, not excuses’ – Nwuche

    Freight

    Truckers build database amid management inefficiencies in Lagos ports

    NCS trains officers to strengthen environmental trade regulations

    Africa’s ocean economy hits $20m milestone

    Customs, Police deepen collaboration on national security

    Technology

    Automated driving to improve traffic safety and energy efficiency

    Focus

    Automated driving to improve traffic safety and energy efficiency

    Nigeria, South Korea seal deal to manufacture electric vehicles locally

    Wärtsilä introduces next-generation engine

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

    Nigerian Content Initiative

    Ghana petroleum seeks Nigeria’s local content model as progress hits 61%

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