Real Time Financial News Website
The Dangote Refinery has re-employed several engineers previously dismissed amid its dispute with the Petroleum and Natural Gas Senior Staff…
Africa’s richest man, Aliko Dangote, has officially kicked off the expansion of the Dangote Petroleum Refinery in Lagos, aiming to…
The 12th edition of the Nigeria Energy Exhibition and Conference is set to return to Lagos from October 28th to…
The Central Bank of Nigeria (CBN) has released a total of $1.25 billion to support the importation of petroleum products…
Nigeria is making significant strides toward eliminating gas flaring by 2030, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced.…
Nigeria imported nearly 15.01 billion litres of petrol between August 2024 and early October 2025, accounting for 69% of the…
Nigeria is set to request the Organisation of Petroleum Exporting Countries (OPEC) to approve an increase in its oil production…
Africa’s richest man, Aliko Dangote, has revealed plans to sell between five and 10 percent of the Dangote Petroleum Refinery…
The Nigerian National Petroleum Company Limited (NNPC) has remitted a staggering N10.073 trillion to the Federation Account between January and…
Nigeria’s oil sector continues to underperform, putting pressure on the country’s overall revenue growth, even as non-oil tax agencies exceed…
Africa’s richest man, Aliko Dangote, has unveiled bold plans to expand the Dangote Refinery from its current 650,000 barrels per…
Nigeria consumed a total of 613.6 million litres of petrol between October 2024 and October 10, 2025, with imported fuel…
The European Union has formally committed to ending all Russian gas imports by January 1, 2028, marking a major step…
Nigeria’s gas sector holds immense promise for economic growth and industrialisation, but sustained efforts are needed to attract and retain…
The Federal Government of Nigeria has successfully secured a $1 billion private investment aimed at expanding the country’s Compressed Natural…
As petrol prices continue to soar across Nigeria, the Dangote Refinery has thrown an open challenge to fuel marketers, asserting…
The Federal Government has extended its ongoing investigation into alleged under-remittances by the Nigerian National Petroleum Company Limited (NNPCL) until…
The Nigerian National Petroleum Company Limited (NNPCL) has reaffirmed that forming strong strategic alliances is critical to driving growth, sustainability,…
The Federal Government has officially launched the Nigerian Gas Vehicle Monitoring System (NGVMS) — a new digital oversight platform designed…
In a groundbreaking move that could reshape the future of clean energy, Google DeepMind has partnered with Commonwealth Fusion Systems…
Nigeria’s crude oil and condensate production climbed to 454.28 million barrels between January and September 2025, according to the latest…
Nigerians are facing a new shock at the fuel pump as petrol prices jump from around N865 per litre to…
Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery is set to release up to 600 million litres of…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that fresh oil and gas investments in 2025 could add up…
Global oil markets are facing renewed pressure as Brent crude prices fell more than 6% in October, struggling to maintain…
The International Monetary Fund (IMF) has revised Nigeria’s 2025 economic growth forecast upward to 3.9%, citing a rebound in oil…
The Dangote Petroleum Refinery has received high praise from the Project Management Institute (PMI) for its outstanding execution and world-class…
Nigeria’s crude oil output fell to 1.39 million barrels per day (bpd) in September 2025, marking the second consecutive month…
Nigeria’s crude oil production fell to 1.39 million barrels per day (mbpd) in September 2025, marking the second consecutive month…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has refuted claims of crude oil shortages raised by domestic refiners, asserting that…
