Oil & Gas

The Federal Government has stopped fuel tankers from moving at night as part of new safety measures in the petroleum transport sector. This was announced by the Nigerian Midstream and …

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Omatsola Ogbe, has called on international oil companies (IOCs) operating in Nigeria to actively engage local …

Governor Peter Ndubuisi Mbah of Enugu State has appealed to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to fast-track the release of 13 percent oil derivation funds due to …

The Nigerian Stock Exchange (NGX) opened the new trading week on a slightly negative note, shedding ₦8 billion in market value on Monday, May 20, 2025, despite improvements in trading …

otalEnergies Marketing Nigeria Plc has announced a total dividend payout of N13.58 billion for the 2024 financial year, even as shareholders continue to press the board to issue bonus shares—a …

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has said its members can only rely on the Dangote Petroleum Refinery for Premium Motor Spirit (PMS), also known as …

The Federal Inland Revenue Service (FIRS) and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) have come together to set up a joint technical committee that will help improve how …

The Crude Oil Refiners Association of Nigeria (CORAN) has raised alarm over what it called the continued exclusion of modular and smaller local refineries from the Federal Government’s ongoing discussions …

The Central Securities Clearing System (CSCS) Plc has confirmed the payment of N8.8 billion to its shareholders as dividends for the 2024 financial year. The approval for the payment was …

The Dangote Petroleum Refinery has quietly reduced the ex-depot price of petrol to N825 per litre, intensifying the price war with fuel importers and private depot owners in Nigeria’s deregulated …