Aviation experts and Jet A1 marketers have called on the Federal Government to urgently rehabilitate and reopen the 98-kilometre pipeline that transports aviation fuel to the Murtala Muhammed Airport in …
Energy
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AviationBusinessEconomyEnergyInfrastructureTransport
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BusinessEconomyEnergyGovernanceNigeriaOil & Gas
Marketers Accuse Dangote Refinery of Withholding Fuel Despite Advance Payments
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 …
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EconomyEnergyGOVERNMENTINVESTMENTOil & GasRegulation
Lokpobiri Commends NUPRC Chief for Transforming Nigeria’s Upstream Oil Sector
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 …
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Capital MarketCorporate GovernanceEconomyEnergyOil & Gas
Dangote Refinery to List up to 10% Shares on Nigerian Exchange in 2026
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, …
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EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
NNPCL Urges NUPRC to Deepen Investment Drive in Deepwater Projects to Keep Nigeria Competitive
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 …
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BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
Naira strengthens at official market as FX inflows fall 33%
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 …
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EnergyGovernanceInfrastructureINVESTMENTNigeriaPower & Energy,
Kano, Katsina, Jigawa partner on tri-state electricity market, to acquire stake in Future Energies Africa
The governments of Kano, Katsina, and Jigawa States have agreed to form a partnership on the proposed Tri-state Electricity Market and jointly acquire equity stakes in Future Energies Africa (FEA) …
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Dangote IndustriesEconomyEnergyNigeriaOil & Gas
Nigeria Consumed 613.62 Million Litres of Petrol in One Year as Dangote Refinery Boosts Local Supply
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 …
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EconomyFinanceGOVERNMENTNigeriaOil & GasTransparency
FG Extends NNPCL Revenue Probe to December 2024 Over $42bn Under-Remittance Allegation
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 …
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BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
Dangote Refinery Challenges Marketers to Bring Trucks as Petrol Prices Hit N1,000/Litre
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 …