The Dangote Petroleum Refinery has exported its first shipment of Premium Motor Spirit (PMS), also known as petrol, to the United States, even as Nigerian fuel marketers continue to rely …
NMDPRA
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BusinessEconomyEnergyOil & GasPoliciesTrade
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BusinessDangote IndustriesEconomyEnergy
Nigerians Spend N1.3tn on Petrol in June as Consumption Hits 1.44bn Litres
Nigerians spent about N1.3 trillion on Premium Motor Spirit (petrol) in June 2025, amid rising energy costs and heavy reliance on self-power generation, according to the latest data from the …
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BusinessDangote IndustriesEnergyOil & GasTrade and CommerceWestern Africa
Dangote Cries Out Over Crude Scarcity
President of Dangote Group, Aliko Dangote, has raised alarm over challenges facing his $20 billion Dangote Refinery, including difficulty accessing crude oil from Nigerian producers, leading the facility to import …
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BusinessEconomyEnergyGOVERNMENTNigeriaOil & GasPolicies
NMDPRA Urges Strict Compliance with Oil and Gas Sector Regulations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
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BusinessEconomyEnergyOil & GasPolitics
Nigeria Loses N121bn Daily to Oil Theft Despite $16bn Petroleum Investment – Reps
The Deputy Speaker of the House of Representatives, Benjamin Kalu, has said that Nigeria’s petroleum sector has attracted about $16 billion in investment since the signing of the Petroleum Industry …
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EconomyEnergyInfrastructureINVESTMENTNatural ResourcesNigeriaPolicies
Nigeria’s Gas Wealth and the Promise of MDGIF: Turning Potential into Prosperity
With over 206 trillion cubic feet of natural gas, Nigeria holds one of the largest gas reserves in the world, yet decades of underutilisation have kept this abundant resource from …
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EconomyEnergyGOVERNMENTLabourNigeriaOil & GasPoliciesTransportation & Logisitics
FG Bans Night Movement for Fuel Tankers, Sets New Safety Rules
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 …
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BusinessBusiness InsightsBusiness PoliciesDangote IndustriesEconomyEnergyInfrastructureNigeriaOil & GasTrade and CommerceWestern Africa
Dangote Refinery, Marketers Clash Over Local Fuel Supply Claims
The management of Dangote Petroleum Refinery has rejected claims made by oil marketers that the refinery cannot meet Nigeria’s local fuel demand. Officials of the refinery told our correspondent that …
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BusinessBusiness InsightsBusiness PoliciesEconomyEnergyInfrastructureNigeriaOil & GasPoliciesWestern Africa
Dangote Vows to Keep Fighting for $20bn Refinery Amid Alleged Sabotage
President of Dangote Group, Alhaji Aliko Dangote, has said he is still fighting for the survival of his $20 billion refinery in Lekki, Lagos State. Dangote, Africa’s richest man, revealed …
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EconomyEnergyGOVERNMENTOil & GasPolicies
FG Slashes Gas Price for Power Companies as ₦4.7tn Debt Threatens Electricity Supply
The Federal Government has reduced the price of natural gas supplied to power generation companies in a move to ease the financial burden affecting the electricity sector. This new pricing …