OilRevenue

A coastline exists. Derivation doesn’t. Debt grows. NEITI shows a boundary dispute denied Nigeria’s most debt-stressed coastal state billions in oil derivation for 17 years. TheDigger Intelligence Unit The Numbers …

Executive order redirects 30% NNPC deductions and gas flare penalties, unlocking billions for FAAC allocations Abuja: President Bola Tinubu’s Feb. 13 executive order suspending 30% NNPC deductions and redirecting gas …

Abuja:  Nigeria’s state-owned oil company, NNPC Ltd, reported an after-tax profit of 5.76 trillion naira ($4.26 billion) for 2025, maintaining strong earnings despite production challenges late in the year. The …

Owerri, Imo State: A simmering dispute over oil revenue has thrown the Achi Mbieri community in Mbaitoli Local Government Area of Imo State into turmoil, with stakeholders demanding transparency and …

Lagos : The Naira on Friday extended its gain, closing the trading week stronger at N1,421.73 to the dollar at the official foreign exchange market. Data from the Central Bank …

Lagos (Nigeria): The Naira on Monday appreciated further at the official foreign exchange market, trading at N1,452.79 to the dollar. Data from the Central Bank of Nigeria (CBN) showed the …