Nigeria’s plan to become a gas-powered economy by 2030 is facing growing challenges, with persistent gas flaring by oil companies resulting in an estimated 3,100...
The Dangote Petroleum Refinery obtained about 78 per cent of its crude oil supply from the Nigerian National Petroleum Company Limited (NNPCL) and other local...
The Economic and Financial Crimes Commission (EFCC) has arraigned the immediate past Managing Director of the Port Harcourt Refining Company Limited, Ahmed Dikko, before the...
The Nigerian National Petroleum Company Limited (NNPC) recorded a decline in revenue in May 2026, despite maintaining relatively stable crude oil and natural gas production....
The planned public listing of Dangote Petroleum Refinery has triggered an unprecedented wave of investor interest across Nigeria and beyond, a Bloomberg report has stated....
The Central Bank of Nigeria, CBN, yesterday said the nation’s current account surplus grew year-on-year (YoY) by 46 percent to $4.98 billion in the first...
Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher crude oil, gas...
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd), exceeding its original design capacity of 650,000...
