Aradel Holdings Plc has announced that its wholly owned subsidiary, Aradel Energy Limited, has entered into a definitive agreement to acquire a 40 per cent equity interest in ND Western …
The Dangote Refinery is expected to begin producing crude oil before the end of 2025, marking a major step forward for Nigeria’s energy sector, according to a new report by …
The Nigerian stock market recorded a massive rebound last week, adding about N4.32tn to its total value as renewed investor confidence lifted trading activity across major sectors. The Nigerian Exchange …
British independent energy company, Savannah Energy Plc, has announced a total revenue of US$185.2 million for the nine months ending September 30, 2025 — representing a 9 per cent increase …
Petroleum marketers have accused the Dangote Petroleum Refinery of failing to load their petrol trucks weeks after they made full payments for supplies, raising fresh controversy over the refinery’s operations …
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has praised the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, for what he …
Africa’s richest man, Aliko Dangote, has announced plans to list between five and ten per cent of the Dangote Petroleum Refinery on the Nigerian Exchange (NGX) within the next year, …
The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
Nigerians consumed a total of 613.62 million litres of Premium Motor Spirit (PMS), commonly known as petrol, between October 2024 and October 10, 2025, according to fresh data from the …