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 Goldman Sachs worry over Wagner’s threat to oil prices

Goldman Sachs, a leading global investment bank, has expressed concerns about the potential impact of the rise of the mercenary group, Wagner, on the global oil market.

HEDA slams non-remittance of petroleum levy to FERMA…

HEDA Slams Non-Remittance of Petroleum Levy to FERMA as Sabotage of Public Interest The Human and Environmental Development Agenda (HEDA Resource Centre), a leading anti-corruption...

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...

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...

Association urges reliable crude supply for local refinery

The Nigeria Auto Journalists Association (NAJA has urged Federal government to strengthen local refinery capacity through reliable crude supply. The NAJA Chairman, Theodore Opara, made...

Dangote Refinery reduces petrol price to N1,200/litre

Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200...
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