[This Day] Abuja -- Nigeria's crude oil exports climbed to N12.81 trillion in the third quarter of 2025, reaffirming the commodity's dominance in the country's external trade and anchoring a strong oil-led performance in imports and exports during the ...
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[This Day] The Senate yesterday approved some far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower and more realistic crude oil benchmark of ...
[Vanguard] Abuja -- Energy law experts have urged TotalEnergies EP Nigeria Limited to comply with a tribunal ruling ordering it to pay the Nigerian National Petroleum Company Limited (NNPCL) $285.2 million, describing the award as a landmark affirmatio...
[Leadership] The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed has disowned a statement circulating in the media and on social platforms in which he was quoted as resp...
[Premium Times] "Thankfully, the person behind the allegations has taken it to a formal investigative institution. I believe that would provide an opportunity to dispassionately distill the issues and to clear my name," Mr Ahmed said.
[Leadership] Former President Muhammadu Buhari deferred the removal of fuel subsidy in the final months of his administration after security concerns were raised over the potential consequences of such a move.
[Leadership] The Senate on Tuesday adopted far-reaching recommendations of its Committee on Finance, approving a downward review of Nigeria's crude oil benchmark to $60 per barrel for 2026 and endorsing a N54.46 trillion federal spending framework aime...
[Leadership] The chairman of Dangote Group, Aliko Dangote, has formally submitted his petition against the managing director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed Farouk, to the Independent Corrupt Prac...
[Vanguard] The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by industrialist Aliko Dangote against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulato...
[Vanguard] The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed receipt of a petition filed by industrialist Aliko Dangote against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulato...
