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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Nigeria’s first deep-water exploration hits 1bn barrel oil export

Nigeria’s first deep-water exploration and production vessel, Bonga, hit a one-billion-barrel oil export mark on Monday.

NNPCL appoints Femi Soneye as Chief Corporate Communications officer

Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a communication expert, Mr. Olufemi Oladapo Soneye, as its Chief Corporate Communications Officer.

Nigeria’s oil production fell 3 million barrels in November – OPEC Data

Nigeria suffered a setback in its effort to meet its Organization of Petroleum Exporting Countries (OPEC) crude oil quota in November, under-producing by as much as 3 million barrels in the whole of the month compared to October.

Banire misconceives the facts, promotes biased views – NNPC

By Olufemi Soneye In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become...

Gas flaring: Nigeria taken to ECOWAS community Court of Justice

The Nigerian Government has been dragged before the ECOWAS Community Court of Justice (CCJ) for “failure to enforce the prohibition of gas flaring and...

African leaders commit to clean cooking solutions at Energy…

African leaders have pledged to accelerate clean cooking initiatives to combat the devastating effects of open-fire cooking, which kills approximately 600,000 women and children...
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