The federal government has announced that Nigeria’s total tax revenue for the first half of 2025 rose to N14.27 trillion, showing a big jump of 43 per cent from the …
Oil & Gas
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BusinessEconomyInfrastructureNewsNigeriaOil & GasTrade and Commerce
Dangote Blames Oil Firms as Refinery Imports Crude from Abroad
Africa’s richest man, Aliko Dangote, has revealed that his refinery currently imports between 9 and 10 million barrels of crude oil every month from the United States and other countries …
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BusinessDevelopmentEnergyGOVERNMENTInfrastructureOil & Gas
Delta State Governor Vows to End Disruptions in Seplat Energy Operations
Delta State Governor, Sheriff Oborevwori, has promised to take strong steps to stop the frequent disturbances affecting the operations of Seplat Energy Plc in the state. The governor gave this …
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BusinessEconomyEnergyMarketsOil & GasPolitics
Tinubu Meets Dangote at State House, Restates Support for African-Led Energy Market
President Bola Ahmed Tinubu on Tuesday evening received billionaire industrialist and Chairman of Dangote Group, Alhaji Aliko Dangote, at the Presidential Villa in Abuja for a private meeting, underscoring the …
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BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
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BusinessDangote IndustriesEconomyEnergyLabourOil & Gas
NOGASA Threatens to Halt Operations Over Dangote Refinery’s Direct Distribution Plan
The Natural Oil & Gas Suppliers Association of Nigeria (NOGASA) has threatened to suspend its operations if Dangote Refinery proceeds with its planned direct distribution of petroleum products to end …
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EconomyEnergyInfrastructureNatural ResourcesOil & Gas
NNPC Limited Records N4.571tn Revenue in June 2025, Boosted by Crude Oil and Gas Production Growth
The Nigerian National Petroleum Company Limited (NNPC Limited) has reported a total revenue of N4.571 trillion for the month of June 2025, maintaining its upward revenue trajectory amid steady increases …
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AfricaBusinessDevelopmentEnergyInternational RelationsOil & GasTANZANIA
FIRST E&P, Tanzania’s TPDC Sign MoU to Develop Mnazi Bay North Block
FIRST Exploration & Petroleum Development Company (FIRST E&P) has entered into a strategic partnership with the Tanzania Petroleum Development Corporation (TPDC) to explore and potentially develop the Mnazi Bay North …
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The Nigerian Army has destroyed 14 illegal refining sites and confiscated over 350,000 litres of stolen petroleum products during a joint security operation carried out across the Niger Delta region. …
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EconomyFinance & ServicesInternational RelationsOil & GasPoliciesTrade and Commerce
Naira Nears N1,530/$ as Forex Market Gains Confidence
The naira moved closer to N1,530 per dollar in the parallel market as trading resumed on Monday, July 21, 2025. This movement comes as Nigeria’s foreign exchange market maintains some …