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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NNPCL blames ‘logistics issues’ for fuel scarcity

The Nigerian National Petroleum Company Limited (NNPC Ltd) says logistics issues were responsible for the resurfacing of fuel queues in some parts of the...

60,000b/d Old PH Refinery fully operational – Facility manager

Ibrahim Onoja, the manager of Old Port Harcourt Refinery, has said that the facility is now fully operational. His claim came in the wake of allegations...

Fresh lawsuit exposes Tinubu government’s propaganda…

The Atiku Media Office notes with grave concern the latest development in the long-running OPL 245 dispute, which has once again exposed the Federal...

NNPCL advises motorists to stop panic buying of petrol

Abuja, May 8, 2024 – The Nigerian National Petroleum Company Limited (NNPCL) on Tuesday advised Nigerians to stop panic buying of petrol as it...

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...

FG, NLC meeting on fuel subsidy removal ends in deadlock

The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus.
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