Tag: Oil
Cheaper chicken, vegetable oil drive 11.5% fall in jollof rice cost
The cost of cooking a pot of jollof rice in Nigeria fell by 11.5 per cent between June and September 2026, driven largely by...
“This Is Plateau”: Grand Pure Soya Oil Headlines Jos Food Festival...
Jos Food Festival has officially announced Grand Pure Soya Oil (GPSO) as a Headline Sponsor and Official Cooking Oil Partner for the 2026 edition...
Nigeria has reduced reliance on oil revenue
President Bola Tinubu says Nigeria has significantly reduced its reliance on oil revenue as his administration pushes to diversify the economy and attract more...
Explainer: Crude Oil Is Around $100, So Why Are Nigerians Paying...
Explainer: Crude Oil Is Around $100, So Why Are Nigerians Paying Almost ₦1,500 for Petrol?
In 2012, Brent crude averaged about $111.67 per barrel, yet...
Nigeria’s oil output rises 0.4% in August
Nigeria’s crude oil and condensate production rose by 0.4 per cent to 1,677,777 barrels per day (bpd) in August 2026. The Nigeria Upstream Petroleum...
What if Nigeria Never discovered Oil— And built its future on...
Who Would You Trust With Something That Could Feed The World? In an alternate Nigeria, Dekera Ahura built an empire on AX-103, the formula...
What if Nigeria Never Discovered Oil – Built Its Future On...
Who Would You Trust With Something That Could Feed The World? In an alternate Nigeria, Dekera Ahura built an empire on AX-103, the formula...
31 firms win 37 oil, gas blocks in Nigeria’s 2025 Licensing...
Thirty-one companies have emerged winners of 37 oil and gas blocks in Nigeria’s 2025 Licensing Round following the conclusion of the commercial bid conference...
JUST IN: Nigeria returns 13 oil blocks after 196 firms qualify...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 196 companies have qualified for the commercial bid stage of the 2025 oil licensing...
NAFDAC intercepts two tankers meant for edible vegetable oil conveying diesel...
The National Agency for Food and Drug Administration and Control (NAFDAC) has intercepted two tankers designated to transport edible vegetable oil after they were...
