Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
Read More...
Read More...
7 countries agree to raise oil output by 188,000 barrels per day in July 2026
AI-made
The energy industry is unique in that countries and companies that collaborate toward the same cause are able to achieve more than if they were to remain isolated. This explains the constant agreements between different nations!-->!-->!-->…
Read More...
Read More...
FCMB Group Reports ₦202.1bn Profit Before Tax For 2025
...₦87.0bn in Q1 2026
FCMB Group Plc (NGX: FCMB) has announced its audited financial results for the year ended Dec. 31, 2025, and its unaudited results for the first quarter ended March 31, 2026.
For the 2025 financial year, the!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...
Kaiama Grammar School, FGGC Clinch Top Prizes at NCDMB Quiz Competition
General Manager, Corporate Communications Division (CCD), Dr. Obinna Ezeobi, General Manager, Nigerian Television Authority (NTA), Yenagoa, Mrs. Mary Ekanem, and the staff and students of winnings schools at the 9th edition of the!-->…
Read More...
Read More...
Concerns about Dangote Refinery IPO 11 Jun 2026
Nigeria is approaching a defining moment for its capital market. The planned listing of Dangote Petroleum Refinery and Petrochemicals FZE on the Nigerian Exchange, expected to value the company at between $40 billion and $50 billion,!-->!-->!-->…
Read More...
Read More...
Nigeria’s Economic Recovery At Risk As Fresh Headwinds Loom
Nigeria’s fragile economic recovery is facing fresh headwinds as falling oil prices, a weakening naira and looming flood threats raise concerns over government revenues, external reserves and food inflation, according to the latest!-->!-->!-->…
Read More...
Read More...
Iran war: Nigeria’s fuel price would’ve been N6,000/litre without Dangote Refinery – IPMAN
Independent Petroleum Marketers Association of Nigeria said Nigeria’s fuel price would have increased to between N5000 to N6000 per litre without Dangote Refinery amid the ongoing crisis in the middle east.
The spokesperson of!-->!-->!-->!-->!-->…
Read More...
Read More...
Dangote Refinery Cuts Gasoline Production by 34% as Repair Work Underway
...With June exports dropping to 10,000 bpd from 81,000 bpd in April
The reduction at the Residual Fluid Catalytic Cracking Unit has pushed June gasoline exports down to 10,000 barrels per day from 81,000 barrels per day in April,!-->!-->!-->!-->!-->…
Read More...
Read More...
Ex-NNPC CFO to Senate: N210trn not missing; says N2.9bn, not N5.8bn, spent to register new company
A former Chief Financial Officer (CFO) of Nigerian National Petroleum Company Limited (NNPC), Umar Ajiya, says no money is missing, contrary to reports that the company could not account for N210 trillion audit queries of the!-->!-->!-->…
Read More...
Read More...
SEPLAT’S NEW EMPIRE: Effy Okon Takes the Wheel as CEO While Tony Elumelu Steps in as Chairman to…
By Kunle Odusola-Stevenson
For decades, the playbook for the African oil and gas sector followed a predictable script. Multinational titans—the historical International Oil Companies (IOCs)—extracted crude from the continent’s rich!-->!-->!-->!-->!-->…
Read More...
Read More...
COVID-19 Era gave Arteta Space to Revive Arsenal, says Kroenke
Saidu Abubakar with Agency Reports
Arsenal co-chair Josh Kroenke says behind-closed-doors football during the Covid-19 pandemic allowed manager Mikel Arteta "space" to help revive the "sleeping giant".
The Kroenke Sports and!-->!-->!-->!-->!-->!-->!-->…
Read More...
Read More...

