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Energy & Oil

Nigeria’s Excess Crude Account Rises 13% in Two Years, Stabilisation Fund Triples

Nigeria’s Excess Crude Account (ECA) has grown by 13% over the past two years, while the Stabilisation Account has more than tripled, according...

NNPC
Energy & Oil

NNPCL Remits N10 Trillion To Federation Account In Eight Months

The Nigerian National Petroleum Company Limited (NNPCL) has remitted N10.07 trillion to the Federation Account between January and August 2025, marking a record...

Heineken Lokpobiri
Energy & Oil

Nigeria Calls on Indigenous Firms to Boost Oil Output Following Landmark Shell Acquisition

Signaling a new era for Nigeria’s oil and gas sector, the Federal Government has renewed its call for indigenous oil companies to significantly...

FAAC Disbursement
News

Record N15.26trn Poured into Nigeria’s Coffers, But Fiscal Clouds Loom

A seismic shift in Nigeria’s financial landscape has seen a record N15.26 trillion channeled into the federal, state, and local government coffers in...

News

House Of Reps Uncover $15bn Unremitted Oil Revenue

The House of Representatives Ad-hoc Committee investigating allegedly missing $17bn crude oil and Liquified Natural Gas (LNG) revenue, on Monday uncovered $15bn unremitted...

News

FG May Launch Probe Into Missing $49bn Oil Revenue – Amaechi

Minister of Transportation, Mr. Rotimi Amaechi has revealed that the federal government may launch probe into missing $49bn Oil Revenue after the ongoing...