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...
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Why Bonny Light trades 8% higher in January

Nigeria’s crude grade, Bonny Light traded 8.3 per cent higher in January; statistics from the Organisation of the Petroleum Exporting Countries have shown. OPEC’s MOMR...

Why Tinubu reappoints Mele Kyari GCEO of NNPC Ltd

President Bola Tinubu has reappointed Mr Mele Kyari as the head of a new management team for the Nigerian National Petroleum Company Limited (NNPC Ltd).

Ekwueme Varsity, WRI to present report on Oil & Gas

The Centre for Climate Change and Development (CCCD) at Alex Ekwueme Federal University, in collaboration with the World Resources Institute (WRI) in Washington, DC,...

Fuel Shock: Dangote raises petrol price to ₦839.

The management of Dangote Petroleum Refinery has announced a fresh increase in the price of Premium Motor Spirit (PMS). The refinery raised the wholesale...

No fire incident at our depot – NNPCL spokesperson

The Nigeria National Petroleum Company Limited (NNPCL) have said that  there was no fire incident at their deport in Apapa but a nearby one.   NNPCL...

Nobody will beat our petrol quality – Dangote

Alhaji Aliko Dangote says the petrol processed by Dangote Refinery will match the quality of the petrol sold in the US, and that they...
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