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 NNPC, Independent Marketers deny plan to increase petrol prices

The Nigerian National Petroleum Company Limited (NNPC) as well as the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday refuted reports of a planned petrol increase to N1,200.

Oil marketers reduce petrol price to ₦939.50 per litre

Oil marketers lifting Premium Motor Spirit (PMS), commonly known as petrol, from the Dangote Petroleum Refinery have reduced the price of the product by...

NNPCL-AITEO joint venture launches Nembe crude oil grade at London Argus European crude conference

The NNPC-Aiteo OML 29 Joint Venture (JV) took centre stage at the ongoing Argus European Crude Conference in London when it announced the introduction of the Nembe Crude Oil Grade to the market.

Sell crude oil to Dangote, other refineries in Naira…

The Federal Executive Council (FEC) has directed the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local...

Tinubu inaugurates Board of NNPCL, signals new era

President Bola Tinubu on Thursday administered the oath of office to the newly appointed board and management of the Nigerian National Petroleum Company Limited...

IPMAN commends Soludo for business-friendly policies

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has applauded Gov. Chukwuma Soludo of Anambra State for his business-friendly initiatives and people-oriented governance. Mr. Chinedu...
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