Nigeria’s downstream petroleum sector is facing a major shift as members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) raise concerns over persistently low activity levels across …
Oil & Gas
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Business and EconomyEnergyInfrastructureOil & Gas
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TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …
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The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …
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African EconomyBusiness and InvestmentEnergyInfrastructureOil & Gas
Africa Bets on Floating LNG to Fast-Track Gas Development
by Radarr Adminby Radarr AdminAfrica’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …
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BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
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EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
Nigeria Misses Oil Revenue Target by Over 63% Despite Higher Crude
The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …
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BusinessConsumer ProtectionEconomyEnergyNigeriaOil & GasPetroleum
Dangote Refinery Launches Hotline to Check Overpricing of Petrol at MRS Stations
Dangote Petroleum Refinery has announced the launch of a dedicated nationwide hotline for Nigerians to report any MRS Oil Nigeria Plc filling station selling Premium Motor Spirit, also known as …
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BankingBusinessEconomyEnergyFinanceNigeriaOil & Gas
Chappal Energies Secures $430m Financing to Strengthen Asset Portfolio and Support Growth Strategy
Chappal Energies, through its subsidiary, Chappal Investments Limited, has completed major financing transactions valued at a total of $430m, marking an important step in the company’s financial and strategic expansion …
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BusinessFinanceIndustrialisationNigeriaOil & Gas
132 Nigerian firms secured N51.7bn, $359m in local content funds – NCDMB
A total of 132 Nigerian companies have accessed N51.785 billion and $359.653 million from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas industry, …
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Civil SocietyEconomyNigeriaOil & GasPublic PolicyRegulation
Civil Society Group Faults Dangote’s Call for Probe of NMDPRA Boss
The League of Civil Society Groups has criticised recent public comments credited to the President of Dangote Industries Limited, Alhaji Aliko Dangote, in which he reportedly called for a probe …