Oil & gas

Shock as Fuel Price Drop in Nigeria After Dangote Refinery Move

Petrol prices have dropped across Nigeria after marketers reduced pump rates following Dangote Refinery’s cut in its petrol gantry price, easing pressure on motorists and businesses. Marketers Slash Pump Prices...

Africa’s largest Bank backs Dangote refinery IPO

Africa’s largest financial institution, Standard Bank Group, has reaffirmed its commitment to support the growth of Dangote Industries...

Why Nigeria, UAE’s non-oil trade hit $5bn in 2025

Non-oil trade between Nigeria and the United Arab Emirates (UAE) increased to $5 billion in 2025. A statement signed...

Dangote Refinery IPO Set for September as Demand Hits $2bn

Aliko Dangote has confirmed that the Dangote Refinery Initial Public Offering (IPO) will launch in September after attracting...

Dangote Refinery files suit against FG, NNPCL, Oil marketers

Dangote Petroleum Refinery has moved to halt the continued importation of petrol into the country through a...
spot_img

Why concerned experts cite irregularity in NNPC board appointment

Abuja, April 6, 2025: Concerned experts in the petroleum industry have raised concerns over the irregularity in the recent reconstitution of the Nigerian National...

NUPRC assures proper implementation, domestic crude supply

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is committed to the effective implementation of the Petroleum Industry Act (PIA 2021) for the sector to contribute more to the national economy.

Christmas/New Year Holidays: Dangote reduces PMS price to N899.50k

Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS) product to below N900 per litre, to provide much-needed relief for...

NNPCL’s failure to remit $15bn oil revenues untrue — Spokesman

The Nigerian National Petroleum Company Limited (NNPCL) has denied reports that it failed to remit $15 billion in oil revenues into the Federation Account.

Oil prices rise despite multiple bearish catalysts

Oil prices are rising despite concerns about Trump imposing tariffs on trading partners and talk of a peace deal between Russia and Ukraine. Oil prices...

Fuel Subsidy Is Organised Crime Says Peter Obi

The Presidential candidate of the Labour party, Peter Obi says the Federal Government is behind oil theft in the country.
spot_img