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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HEDA sues FG, oil giants over alleged unlawful oil…

The Incorporated Trustees of HEDA Resource Centre has dragged Federal Government, multinational oil companies and Nigerian government agencies before the Federal High Court in...

Gaza ceasefire halts the oil price rally

Oil prices have stopped rallying as a ceasefire agreement between Israel and Hamas could lead to the end of the Houthi bombardments of the...

Minister of State for gas appointed co-chair of NCDMB

In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the...

Canada to collaborate with Nigeria on gas infrastructure development – Aduda

The Permanent Secretary, Ministry of Petroleum Resources, Mr Gabriel Aduda, says Canada has pledged to collaborate with Nigeria on developing a robust gas infrastructure network.

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 fresh lawsuit challenging fuel import licences...

Why Cross River state is set for oil-producing status

The Revenue Mobilization, Allocation and Fiscal Commission (RMAFC) has formally received the final report of the Federal Government’s Inter-Agency Committee on Nigeria’s oil-producing states,...
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