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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Oil prices may hit $200 as Trump targets Iran

Oil prices jumped and global markets fell after U.S. President Donald Trump said the United States might seize Iran’s oil, raising fears of a...

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...

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.

Why NNPCL reduces pump price of Premium Motor Spirit

The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as petrol across its retail...

FG commissions 12 NNPC CNG Stations in Abuja, Lagos

The Nigerian National Petroleum Company Limited, through its retail outlets and partners, has inaugurated 12 CNG stations strategically located in Abuja and Lagos to...

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...
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