March 31
Nigeria: Ikeja High Court Adjourns Bail Hearing of Businessman in $1.5m Oil Fraud Case
An Ikeja Special Offences Court has adjourned the bail application of businessman Joseph Ufoma, facing charges by the Economic and Financial Crimes Commission (EFCC) over a $1.5… Read more »
March 30
Nigeria: Nigeria Seeing More Interest From LNG Buyers for Its Cargoes - NNPC
FG accelerates permits for oil producers to revive old wells Read more »
March 26
Nigeria: Nigerians Applaud Dangote Refinery's Role in Easing Fuel Supply Pressure
Nigerians across the country are expressing their views over the role of the Dangote Refinery in stabilizing the supply of Premium Motor Spirit (PMS), even as debates over rising… Read more »
Nigeria: Govt Moves to Sign Subsidiary Loan Agreement With States On $500m World Bank-Assisted Hope Governance Programme
The Federal Ministry of Budget and Economic Planning has commenced close collaboratiion with the Federal Ministry of Finance to ensure the 36 states of the federation sign the… Read more »
March 25
Nigeria: How Dangote's N241m Education Intervention Is Transforming Learning in Ibeju-Lekki
Dangote Petroleum Refinery and Dangote Fertiliser Limited recently donated school materials worth N241 million to 3,704 students in host communities in Ibeju-Lekki, Lagos, as part… Read more »
Nigeria: Energy Crisis - LCCI Urges FG to Enforce Pia's Stipulated 300,000 Barrels Crude Oil Allocation to Local Refineries
Lagos Chamber of Commerce and Industry (LCCI) has tasked the federal government and Nigerian National Petroleum Company Limited to implement the domestic crude supply obligations… Read more »
March 26
Nigeria: Dangote Refinery Laments Crude Shortfall, Says Nigeria Supplying About 30% of Needed Volumes
The Chief Executive Officer and Managing Director of the Dangote Refinery, David Bird, yesterday raised concerns over Nigeria's inability to supply sufficient crude oil to the… Read more »
March 24
Nigeria: BP to Sell Refinery in $20bn Cost-Cutting Plan
BP has agreed to sell its giant German oil refinery site in Gelsenkirchen to the investment firm Klesch Group as part of the British oil company's plan to sell off $20 billion… Read more »
March 23
Nigeria: At 60.83 Percent Ytd Growth, Oil & Gas Emerges Best Performing Sector On Ngx
With the Nigerian Exchange Limited All-Share Index (NGX ASI) posting a 29.27 per cent Year-till-Date (YtD) return as of March 18, 2026, the constituent indices in the market showed… Read more »
March 24
Nigeria: Nigeria Posts 16.6m Barrels Output Shortfall in Two Months, Misses Budget Target
Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February of 2026, according to a THISDAY analysis of data… Read more »
March 22
Nigeria: New Dawn for Petroleum Sector - Tinubu Empowers Adeola to Lead Strategic Overhaul
The federal government has set up a new team to fix key problems in Nigeria's petroleum sector. President Bola Tinubu has appointed Fola Adeola, a co-founder of Guaranty Trust… Read more »
March 12
Nigeria: NMDPRA Still Issuing Fuel Import Licences Despite to the Contrary - Dangote
President of the Dangote Industries Limited (DIL), Aliko Dangote, yesterday maintained that Nigeria's downstream regulator is still issuing licences for the importation of petrol… Read more »
March 11
Nigeria: NNPC - Presidential Approval Secured for $20bn FID On Bonga Deepwater Project
The Nigerian National Petroleum Company Limited NNPC (NNPC Ltd) yesterday announced that it had secured presidential approval for a targeted fiscal incentive package aimed at… Read more »
March 10
Nigeria: Dangote Refinery Cuts Petrol, Diesel Prices
Dangote Petroleum Refinery and Petrochemicals has announced reductions in its petrol and diesel gantry and coastal prices amid Monday's oil price slump to $90 per barrel from… Read more »
Nigeria: NNPC January Revenue Drops 46.7 Percent to N2.57tn Amid Increased Oil Sales
Nigeria's national oil company, the Nigerian National Petroleum Company Limited (NNPC Ltd) recorded N2.571 trillion in revenue in January 2026, representing a 46.7 per cent decline… Read more »
March 08
Nigeria: Kola Aluko - From Champagne Nights to a Mysterious Disappearance
Kola Aluko was once a visible symbol of Nigeria's oil wealth on the global stage. An energy and aviation businessman, he moved easily between oil blocks, racetracks, and luxury… Read more »
March 05
Nigeria: Dangote Refinery Moves to Cushion Nigerians From Global Oil Market Shocks
The Dangote Petroleum Refinery and Petrochemicals has reassured Nigerians of its commitment to stabilising the domestic petroleum market following recent disruptions in the global… Read more »
Nigeria: Tinubu Oversees Historic Resolution of 15 Year-Old OPL245 Dispute
President Bola Tinubu on Thursday presided over the successful conclusion of a historic settlement agreement between the Federal Government of Nigeria, ENI, and Nigerian Agip… Read more »
March 03
Nigeria: 2025fy - Dangote Cement Grows Profit By 109.2 Percent to N1.53trn
Dangote Cement Plc has reported its full year ended December 31, 2025 result and accounts with a profit before tax of N1.53 trillion, representing an increase of 109.2 per cent… Read more »
Nigeria: Neiti Defends FG On Direct Remittance of Oil, Gas Revenues
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said President Bola Tinubu's recent issuance of Executive Order 9, mandating direct remittances of all… Read more »
March 01
Nigeria: Tension Over Subsidy Removal Has Reduced, Says Better Days Lie Ahead - Tinubu
President Bola Tinubu has said the tension occasioned by subsidy removal has subsided, noting that at one time many Nigerians had thought his administration could reverse the… Read more »
February 23
Nigeria: Stock Market Gains N8.14trn On Buy Interest in MTN Nigeria, Dangote Cement
The domestic stock market maintained its bullish trajectory last week, appreciated by N8.14trillion in its Week-on-Week (WoW) performance over strong buying interest in MTN Nigeria… Read more »
February 24
Nigeria: Lagos Consumes More Fuel Than 11 Nigerian States Combined - Report
In line with its status as Nigeria's commercial nerve centre, data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has shown that Lagos state… Read more »
February 23
Nigeria: NDPA - Infrastructure Stability Key to Unlocking Nigeria's Oil Revenue Potential
The Niger Delta Progressive Alliance (NDPA) has emphasised that safeguarding existing oil and gas infrastructure remains one of the most effective strategies for strengthening… Read more »
Nigeria: Eatl, NUPRC's Joint Move to Curb Oil Losses, Boost Revenue
Nigeria recorded a major win in its efforts to curb oil losses, increase federation's revenue and boost local technically capacity with the successful execution of pioneering… Read more »
