The Nigerian National Petroleum Company Limited (NNPC Ltd) says it incurred about ₦11.2 trillion in costs related to the protection of Nigeria’s oil and gas assets in 2025 on behalf

Saudi Arabia has cancelled some crude oil shipments to Europe after a drone attack damaged a major pipeline linking the kingdom’s eastern oil region to the Red Sea.

Vice President Kashim Shettima has returned from India after pushing for stronger Nigeria-India trade, renewed crude purchases and wider investment cooperation at the BRICS summit.

Rising crude oil and logistics costs are putting fresh pressure on petrol prices in Abuja and other Nigerian inland markets.