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A service for energy industry professionals · Sunday, January 26, 2025 · 780,532,819 Articles · 3+ Million Readers
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Nigeria Oil & Gas News Monitoring

  • Published on Jan 24, 2025

    Growing Public Debt Raises Concerns Over Nigeria's Economic Future

    As Nigeria faces an economic crisis that has led to sweeping reforms across various sectors, there is growing concern among economists, political analysts, policymakers, and citizens about the country’s escalating public debt. Nigeria’s debt profile has …

    Source: The Nigerian Voice - Uncategorized
  • Published on Jan 24, 2025

    ADES Gets Its First Jack-Up Contract Offshore Nigeria

    Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its Admarine 504 jack-up drilling rig, marking its first entry to the Nigerian offshore oil and gas sector. ADES and Admarine 504’s …

    Source: Offshore Engineer News - Neutral
  • Published on Jan 24, 2025

    Nigeria joins BRICS: What it means for ECOWAS and Ghana

    By Prof. Samuel LARTEY (Prof) [email protected] In a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone. With its immense economic potential and …

    Source: Business and Financial Times - Label Pending
  • Published on Jan 24, 2025

    Nigerian soldiers killed 79 militants and suspected kidnappers in the past week, army says

    ABUJA, Nigeria (AP) — Nigerian soldiers killed 79 militants and suspected kidnappers over the past week, the army said Friday,… ABUJA, Nigeria (AP) — Nigerian soldiers killed 79 militants and suspected kidnappers over the past week, the army said Friday, …

    Source: WTOP - District Columbia - Neutral
  • Published on Jan 24, 2025

    Nigeria’s Refining Sector Grows Despite Crude Supply Hurdles – CORAN

    Nigeria is steadily emerging as a refining hub in West Africa, bolstered by the establishment of new private and state-owned refineries, including the Dangote Refinery. However, challenges in crude oil supply to local refineries remain a significant …

    Source: News Central TV - Uncategorized
  • Published on Jan 23, 2025

    9 MMSCF Increase in 2024 Dims Nigeria's Zero Gas Flaring Hope

    In 2024, just a year shy of the 2025 gas flare-out target, Nigeria recorded a nine million standard cubic feet increase in gas flaring. Data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that Nigeria flared approximately 192 …

    Source: Foundation for Investigative Journalism - Label Pending
  • Published on 02:32 GMT

    TRUMP AND THE WORLD AHEAD 

     For good or for ill, President Trump’s policies are bound to have serious global implications The much-awaited inauguration of Mr Donald Trump as America’s 47th President has taken place with predictable policy wildfires. His inaugural address contained a …

    Source: This Day - Pro-Government
  • Published on Jan 24, 2025

    New Jihadist group in Nigeria officially labeled as terrorists

    A federal court in Nigeria has officially designated the Islamist Lakurawa group as a terrorist organization, granting the military authority to deploy maximum force against the emerging threat in the northwest. Lakurawa is a new militant group which …

    Source: Business Insider Africa - Neutral
  • Published on Jan 24, 2025

    Wale Edun: Why Nigeria Does Not Need IMF Loans

    •Admits inflation, cost of living still high  •Minister backs 50% telecom tariff increase •Says businesses lining up to invest in Nigeria   •Cardoso: CBN to boost compliance regime to enhance transparency •PwC projects 3.3% growth for Nigeria amid policy …

    Source: This Day - Pro-Government
  • Published on Jan 24, 2025

    Europe's Rush to Secure Natural Gas

    Rare Texas Winter Storm Sends Energy Prices Soaring - An unprecedented winter storm that stretched from Canada all the way to the Gulf of Mexico has sparked another electricity price spike across the United States, seeing Texas temperatures trend 12-15 …

    Source: Oil Price - Neutral
  • Published on Jan 24, 2025

    Expert: Nigeria Poised for Economic Gains in 2025, Projects Inflation Below 30%

    Dike Onwuamaeze, Nume Ekeghe and Kayode Tokede An expert in the Nigerian financial service sector, Mr. Ugodre Obi-Chukwu has projected that the Nigerian economy is poised for growth in 2025 with inflation expected to drop below 30 per cent, paving the way …

    Source: This Day - Pro-Government
  • Published on Jan 24, 2025

    Nigerian Stock Market Slips As Investors Sell Key Stocks

    The Nigerian stock market experienced a slight drop as investors sold off shares of major companies like MTN Nigeria and Dangote Sugar. Although the market capitalisation increased slightly due to new share listings, the overall performance of the market …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Jan 24, 2025

    Nigeria to Persuade OPEC for Larger Oil Quota

    Nigeria will ask the Organisation of Petroleum Exporting Countries (OPEC) to raise its oil production quota as its crude output rebounds from previous declines. Gbenga Komolafe, the CEO of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), said …

    Source: News Central TV - Uncategorized
  • Published on Jan 24, 2025

    Nigeria, WEF seek parley on gas pipeline, tackling global threats

    The Federal Government has called for collaboration with the World Economic Forum (WEF) to foster economic development and growth in the country and on the African continent. Specifically, it sought partnerships with the global body on the African Atlantic …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Jan 24, 2025

    Analysts Forecasts Major Turnaround In Nigeria’s Oil Industry

      Uche Cecil Izuora Key industry analysts are predicting major turnaround ahead in Nigeria’s oil industry that may push the country to seek elevated quota from the Organization of Petroleum Exporting Countries (OPEC). Nigeria has emerged from a years-long …

    Source: Oriental News Nigeria - Neutral
  • Published on Jan 24, 2025

    Deployment Of Critical Infrastructure To Sustain Nigeria’s Economic Development- Ugodre Obi-Chukwu 

      Yemisi Izuora The Chief Executive Officer, Nairametrics, Ugodre Obi-Chukwu has called for the upgrading of infrastructure through mega projects such as the Lagos Calabar Coastal Highways. Speaking at the January edition of the Financial Correspondents …

    Source: Oriental News Nigeria - Neutral
  • Published on Jan 24, 2025

    Trump vows to strong-arm Saudi Arabia, OPEC to crash global oil prices 

    U.S. President Donald Trump has vowed to impress on Saudi Arabia and the Organisation of Petroleum Export Countries (OPEC) to crash the price of crude oil in the global market, arguing that it would end the war between Russia and Ukraine. Trump said this …

    Source: Nairametrics - Neutral
  • Published on Jan 24, 2025

    Nigeria to lobby OPEC for higher quota

    Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as the country’s crude output recovers from years of decline. Gbenga Komolafe, chief executive of the Nigeria Upstream Petroleum …

    Source: Business Day - Neutral
  • Published on 00:42 GMT

    From smoking to sexcapades, e-hailing drivers share wild adventures of daily rides

    As Nigeria’s cities swell with urbanisation and its population booms, e-hailing platforms have become a lifeline, offering jobs to people across all age brackets. But beneath the wheels of opportunity lies a curious and troubling reality—while some drivers …

    Source: Punch - Uncategorized

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