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Nigeria’s crude oil production rose to 1.459 million barrels per day in January 2026, up by 37,000 bpd when compared to December 2025 production of 1.422 million bpd. This is according to the Organisation of the Petroleum Exporting Countries’ (OPEC) February 2026 Monthly Oil Market Report (MOMR) released on Wednesday, February 11. While the output …

What OPEC+ Plans To Ramp up Oil Production Means for Nigeria’s Economy

Former Vice-President Atiku Abubakar has criticised the Senate for failing to approve real-time transmission of election results to the Independent National Electoral Commission’s result viewing portal (IReV). On Tuesday, the upper legislative chamber approved the electronic transmission of election results to IReV but included a clause allowing manual collation as a fallback where technology fails. …

Atiku Praises Yoruba People, Makes Promises Ahead of 2027

The recurring cases of national grid collapse in Nigeria have highlighted the need for a reliable power source to meet electricity demands by households and businesses across the country. This quest has reignited calls for the development and integration of nuclear power into Nigeria’s energy mix as one potential solution to resolving longstanding electricity challenges. …

Nigeria’s Electricity Crisis: Recurring Grid Collapse Reignites Call for Nuclear Energy Adoption

Dangote Petroleum Refinery has reduced the ex-depot price of its Premium Motor Spirit (PMS), also known as petrol from ₦799 to ₦774 per litre, reflecting a ₦25 cut. The refinery made this known in a notice sent to marketers on Tuesday, February 10. According to the refinery management, the price adjustment takes immediate effect. Pinnacle …

Dangote Refinery Cuts Petrol Ex-Depot Price to ₦774 per Litre Amid Rising Competition with Importers

Russia has rejected claims that it is running any government-supported programme to recruit Nigerians to fight in Ukraine. Russian Ambassador to Nigeria, Andrey Podyolyshev, said on Tuesday in Abuja that any recruitment activity, if it exists, is not linked to the Russian state. Reports and videos had suggested that some Nigerians and other Africans were …

Russia Denies Recruiting Nigerians for Ukraine War

Former Kaduna State Governor and ex-Minister of the Federal Capital Territory, Nasir El-Rufai, has dismissed claims of a personal fallout with President Bola Tinubu, saying he never had a personal relationship with the President. El-Rufai clarified the issue during an interview on Trust TV on Monday, saying he supported Tinubu’s 2023 presidential ambition out of …

El-Rufai Accuses ONSA, Kaduna Govt of Paying Bandits, Politicizing Security

The Joint Health Sector Unions (JOHESU) has suspended its 84-day nationwide strike following a conciliation meeting with the Federal Government, directing all its members across the country to resume work with immediate effect. The suspension was announced in a communiqué issued at the end of an expanded National Executive Council (NEC) emergency hybrid meeting held …

JOHESU Suspends Strike After 84 Days, Orders Members to Resume Work

Dangote Refinery has announced plans to begin the local production of surfactants, a key raw material used in the manufacture of detergents and other cleaning products in Nigeria. Surfactants are essential ingredients in household and personal care detergents, commonly used for washing clothes, cleaning surfaces and maintaining personal hygiene. They are produced by refining petroleum …

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has denied demanding N1.505 trillion annual subsidies on petroleum products from Dangote Refinery.

Nigeria's electricity distribution companies (DisCos) recorded a loss of ₦60.65 billion in revenue in November 2025, reflecting ongoing collection challenges. This was disclosed in a report released by the Nigeria Electricity Regulatory Commission (NERC). The NERC’s Factsheet, which contains the commercial performance data of the DisCos for November 2025 show that ₦269.43 billion was total …

DisCos Lose ₦60.65bn Revenue in November

A chieftain of the Peoples Democratic Party (PDP), Chief Bode George, has criticised the court judgement that nullified the party’s 2025 national convention held in Ibadan, Oyo State. George expressed his displeasure while speaking during an interview on Arise Television on Friday, describing the ruling as deeply disturbing and unacceptable. He faulted the judgement delivered …

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