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 …
Oil & Gas
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EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
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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 …
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BusinessConstructionEnergyEngineeringNewsNigeriaOil & Gas
Marconi.NG Reaffirms Commitment to Low-Cost
Nigeria’s renewed effort to reduce production costs, speed up oil and gas field development, and attract new investments has received fresh support as Marconi.NG EPC Limited restated its commitment to …
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BusinessCapital MarketsEnergyNewsNigeriaOil & GasSustainability
Seplat Energy Wins Top Finance, Upstream and Sustainability Awards
Seplat Energy Plc has secured three major awards across finance, upstream operations and sustainability, further strengthening its reputation as one of Africa’s most respected and high-performing energy companies. The recognitions …
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BusinessEnergyOil & GasPublic InstitutionsWestern Africa
TOR Revival Over 250 Staff Promoted as Refinery Stabilises
by Radarr Adminby Radarr AdminThe Managing Director of the Tema Oil Refinery (TOR), Edmond Kombat, has given fresh assurance that the refinery’s long-delayed recovery plan is now fully on track, with clear signs of …
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EconomyEnergyGOVERNMENTNigeriaOil & GasOPEC+
Nigeria’s Crude Oil Output Rises to 1.436 Million Barrels Per Day in November 2025
Nigeria recorded another improvement in its crude oil production in November 2025, making one of the strongest month-on-month gains among members of the Organisation of the Petroleum Exporting Countries. According …
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BusinessEconomyEnergyManufacturingNigeriaOil & GasWestern Africa
Dangote receives second Ghana crude cargo — Report
The Dangote Petroleum Refinery has received its second crude oil cargo from Ghana, marking another step in its gradual shift toward sourcing more West African and Nigerian crude grades. The …