Oil & gas

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 Limited, pledging backing for the planned listing of the Dangote Petroleum...

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...

Why Oil prices surge as Trump rejects Iran peace terms

US President Donald Trump branded Iran’s terms for ending the Middle East war “totally unacceptable”, raising the possibility...
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Don’t engage in panic buying, we have enough petrol – NNPCL

The Nigerian National Petroleum Company Ltd (NNPCL) says petrol scarcity in some parts of the country has been taken care of.

Why Dangote refinery may not bring down fuel prices – NLC

The Nigerian Labour Congress (NLC) says the recently launched Dangote Petrol Refinery may not take complete care of the needs of Nigerians and may not bring down prices of petroleum products in the country.

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...

Why NNPC reduces petrol pump price

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the petrol pump price at its retail stations from N960 to N945 per litre.The price...

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.

NNPCL to hit 2m barrels daily crude oil production in 2024

The Nigerian National Petroleum Company Ltd (NNPCL) has set a production target of two million barrels of crude oil per day in 2024.
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