By Eteteonline The Akwa Ibom State government has dismissed reports suggesting that the 76 oil wells belonging to the state may be reallocated to River State, describing...
ENTREPRENEURSHIP AND BUSINESS
By Eteteonline Reports that some contested gas and crude oil wells have been suggested for ceding to particular oil-producing states have been denied by the Revenue...
Resource war everywhere: Ogun at war with Ondo over ownership of Eba Island oil field
By Eteteonline Ogun and Ondo States are at odds over who owns Eba Island, where commercial drilling is set to start shortly, while Cross River State is attempting to...
By Eteteonline According to Engr. Bayo Ojulari, Group Chief Executive Officer of NNPC Limited, the Port Harcourt Refinery and Petrochemical Company’s reopening was...
Nigeria’s Oil Sector Development: NUPRC to Allocate 50 Oil & Gas Blocks to Investors
By Eteteonline Under the Petroleum Industry Act (PIA) 2021 framework, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is the statutory body in charge of...
Update on Onitsha market closure: Traders pledge to end the Monday sit-at-home action
By Eteteonline As of Jan 30, 2026, the market closure was still in effect. Governor Soludo has reaffirmed the one-week shutdown of the Onitsha Main Market after traders...
Widespread protests over NAFDAC’s ban on sachet alcohol: 5.5million Nigerians to lose jobs
By Eteteonline Labor unions, business associations, civil society organizations, employees, and consumer advocates have fiercely opposed the National Agency for Food and...
Second national electricity grid collapse in Nigeria in 2026: What is happening to Nigeria’s power sector?
By Eteteonline Only four or five days after the initial significant outage on January 23, Nigeria’s national energy grid crashed once more on Tuesday morning...
Losses from digital payment fraud drop from ₦52.26bn in 2024 to ₦25.85bn in 2025 – CBN
By Eteteonline According to data released by the Nigeria Interbank Settlement System (NIBSS) Plc, banks lost N25.85 billion to fraud in 2025. According to industry-wide...
Ogun joins the elite club of oil-producing states, following President Tinubu’s approval
By Eteteonline Ogun State’s economic environment has undergone a significant shift with President Bola Ahmed Tinubu approving the start of commercial oil drilling...
