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 …
The Federal Government has extended its ongoing probe and reconciliation of payments made by major revenue-generating agencies, including the Nigerian National Petroleum Company Limited (NNPCL), to December 2024, following unresolved …
As petrol prices continued to rise across Nigeria over the weekend, the Dangote Petroleum Refinery has challenged marketers to bring their trucks for loading, insisting that it has more than …
Eterna Plc, a Nigerian oil and gas company, has recorded a strong comeback on the Nigerian Exchange (NGX), gaining over 21% so far in October 2025 after months of losses. …
Petroleum marketers across Nigeria have begun moves to import petrol independently as pump prices edge closer to ₦1,000 per litre in several cities, amid worsening supply challenges and production setbacks …
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a Final Investment Decision (FID) on the $2 billion HI gas project offshore Nigeria. The …