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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Oil & Gas transition should not aggravate economic reality – Report

A new report on the "Implications of Oil & Gas Transition on the Nigerian Economy" has called for a careful transition away from oil...

FG Assures Of Affordable Energy For Nigerians

Minister of State for Petroleum Resources, Chief Timipre Sylva, has assured of Federal Government’s commitment to ensure affordable cost of energy for Nigerians.

Atiku accusesTinubu of favouring nephew to buy oil…

Former Vice President of Nigeria, Atiku Abubakar, has accused President Bola Tinubu of giving undue advantage to his nephew in the purchase of some oil...

Fuel pump price up to N617 per litre

The Price of Petroleum Motor Spirit (PMS), otherwise known as petrol or fuel, has increased to about N617 per litre across filling stations.

Russia-Ukraine war is affecting Nigeria’s crude oil inflows – NNPC

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering Russia – Ukraine war impacted Nigerian crude oil inflows in the international oil market.

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...
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