TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …
Energy
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The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …
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BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
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African EconomyBusiness and InvestmentEnergyInfrastructureOil & Gas
Africa Bets on Floating LNG to Fast-Track Gas Development
by Radarr Adminby Radarr AdminAfrica’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …
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BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
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EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
Nigeria Misses Oil Revenue Target by Over 63% Despite Higher Crude
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 …
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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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BusinessEconomyEnergyGlobal MarketsSouth AfricaTransport
Stronger Rand, Lower Oil, but Higher Fuel Costs for Motorists
by Radarr Adminby Radarr AdminIn spite of setbacks recorded in 2025, both in local and global markets, motorists have ended the year only slightly worse off when it comes to fuel prices. The year …
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Corporate NewsDigital PaymentsEnergyTechnologyTransportation
TotalEnergies Unveils Mobility Card Plus to Boost Secure Payments and Fleet Management in Nigeria
TotalEnergies Marketing Nigeria Plc has launched a new payment and mobility solution known as the TotalEnergies Mobility Card Plus, also called TEMC+, as part of its efforts to improve secure …