The Dangote Refinery is expected to begin producing crude oil before the end of 2025, marking a major step forward for Nigeria’s energy sector, according to a new report by …
BusinessEconomyEnergyInfrastructureNigeriaOil & Gas
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NNPC
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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 …
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BusinessDangote IndustriesEconomyEnergyOil & Gas
Petrol nears ₦1,000 per litre as marketers move to import fuel independently amid Dangote refinery supply disruptions
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 …
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BusinessEconomyEnergyInfrastructureLabourOil & Gas
NNPC Blames Temporary Gas Price Hike on PENGASSAN Strike Disruption
by Omolaraby OmolaraThe Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Bayo Ojulari, has attributed the recent increase in cooking gas prices across the country to …
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BusinessEconomyEnergyInfrastructureOil & GasTrade
Nigeria’s Petrol Import Falls to Eight-Year Low Amid Refining Reforms
Nigeria’s importation of Premium Motor Spirit, popularly known as petrol, has fallen to its lowest level in eight years as local refining capacity and government reforms continue to reshape the …
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BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
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BusinessEconomyEnergyGovernanceOil & Gas
Nigeria’s Crude Oil Output Falls Below OPEC Quota in August
Nigeria’s crude oil production fell again in August, reversing recent gains that had lifted the country above its OPEC quota for two consecutive months. The drop has raised fresh concerns …
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BankingEconomyRegional IntegrationTradeTransportation & Logisitics
Afreximbank Launches ATDC With $1bn Backing to Boost Intra-African Trade
The African Export-Import Bank (Afreximbank) has launched the African Trade and Distribution Company (ATDC) as part of fresh efforts to grow trade in raw materials, minerals and value-added goods across …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
Petroleum Retailers Slam NNPC GCEO for Skipping Port Harcourt Refinery Visit
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
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EconomyEnergyMarketsOil & GasPoliciesPublic SectorTransportation
NNPC Reduces Petrol Price to N900 Just 48 Hours After Hike
Barely two days after increasing the pump price of Premium Motor Spirit (PMS), the Nigerian National Petroleum Company Limited (NNPC Ltd.) has again slashed the price at its retail stations, …
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