The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, following weeks of speculation …
The price of Premium Motor Spirit (PMS), commonly known as petrol, has surged to between N930 and N970 per litre in Nigeria. This increase is attributed to ongoing industry disputes …
The Dangote Refinery in Lagos has emerged as a key player in global energy markets as its exports significantly increase US jet fuel imports. In March 2025 alone, six vessels …
Depot owners in Nigeria have expressed dissatisfaction with the Federal Government’s Naira-for-Crude oil arrangement, highlighting challenges in the current policy. The initiative, which began in October 2024, allows local refineries, …
Nigerian billionaire Aliko Dangote’s mega-refinery, Dangote Oil Refinery has propelled his net worth to $27.8 billion, securing his position as the 65th richest individual on Bloomberg’s Billionaires Index. This increase of …