Nigeria: Nigeria's Refineries Are Beyond Repair. Privatisation Is the Only Way Forward

Recent conversations triggered by the Bayo Ojulari-led NNPC management on the potential privatisation of Nigeria's three state-owned refineries are not only welcome; they are long… Read more »

Nigeria: Dangote Seeks Licence to Build Largest, Deepest Seaport

Africa's richest man, Aliko Dangote, is pursuing approval to construct Nigeria's largest and deepest seaport in Olokola, Ogun State, Bloomberg reports. Read more »

Nigeria: NNPC Refineries May Never Work Again Despite $18bn Spent - Dangote

President of the Dangote Group, Alhaji Aliko Dangote, has expressed doubt on the viability of Nigeria's state-owned refineries despite over $18 billion reportedly spent by the… Read more »

Nigeria: Tinubu Urged to Probe NNPCL's Failure to Revive Port Harcourt Refinery

North East Coalition Group for Bola Tinubu 2027 has called on President Bola Tinubu to investigate the Nigerian National Petroleum Corporation Limited (NNPCL) over its failure to… Read more »

Nigeria: Dangote Refinery to End Crude Importation By Year-End - Report

The Dangote Refinery may end crude oil import as it considers sourcing the entire crude required for the 650,000-barrel-per-day refinery capacity in-country. Read more »

Nigeria: Dangote Refinery Slashes Ex-Depot Price By N40

The Dangote Refinery has reduced its ex-depot price of premium motor spirit (PMS) by N40, bringing the new price to N840 per litre. Read more »

Nigeria: Group to Redefine Oil & Gas Industry Skills Acquisition

The Oil and Gas Trainers Association of Nigeria (OGTAN) national president, Chris O. Osarumwense, has announced a forward-looking strategic roadmap to redefine human capital… Read more »

Nigeria: Oil Prices Plunge 6 Percent As Middle East Ceasefire Eases Supply Fears

Oil prices tumbled by six per cent this week after a ceasefire agreement between Iran and Israel sharply reduced concerns about potential supply disruptions from the Middle East. Read more »

Nigeria: Disruptions Loom in Oil, Gas Sector Over Helicopter Landing Fee

Disruption looms in the nation's oil and gas sector as the Nigerian Airspace Management Agency (NAMA) is set to deny flight clearances and possibly shut down non-compliant oil and… Read more »

Nigeria: Soneye Resigns As NNPCL Spokesman

Spokesman of the Nigerian National Petroleum Company Limited (NNPC), Olufemi Soneye, has resigned as the company's chief corporate communications officer. Read more »

Nigeria: Oil Workers Flag Gaps in Tinubu's Petroleum Incentives Executive Order

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns over key aspects of President Bola Tinubu's new Executive Order on Upstream… Read more »

Nigeria: 'Dangote Group Paid N450bn Taxes in 2024'

The Dangote Group, Nigeria's largest industrial conglomerate, has disclosed that it paid a total of N450 billion in taxes to the Nigerian government in 2024. Read more »

Nigeria: Tinubu Lauds Dangote Petroleum Refinery On Patriotism, Industrialisation

President Bola Ahmed Tinubu has applauded the founder of the Dangote Group, Aliko Dangote, for his unwavering belief in Nigeria and for making bold investments that have become a… Read more »

Nigeria: Troops Arrest 43 Suspected Oil Thieves in Niger Delta

Troops of 6 Division, Nigerian Army have arrested 43 suspected oil thieves and uncovered 27 illegal bunkering sites in the Niger Delta region. Read more »

Nigeria: Govt, Greenville LNG Launch LCNG Project, First in North-East

The federal government, in partnership with Greenville LNG, has flagged off a Liquefied to Compressed Natural Gas (LCNG) project in Yola, Adamawa State, marking the first-ever LCNG… Read more »

West Africa: Nigeria's Crude Export to US Hit Highest Level in 6 Years

The Energy Information Administration (IEA) has reported that US crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly… Read more »

Nigeria: Dearth of Facilities, Apathy Impede CNG Adoption

Almost two years after the federal government initiated moves for Nigerian motorists to adopt Compressed Natural Gas (CNG) as an alternative to petrol, it is yet to receive… Read more »

Africa: Dangote Refinery Has Capacity to Meet West Africa's Petroleum Needs - Dangote

Aliko Dangote, Chairman of Dangote Group has said that the 650,000 barrels per day Dangote Refinery is fully equipped to meet the petroleum needs of Nigeria and the entire West… Read more »

Nigeria: Shell to Pay TotalEnergies $510m for Bonga Field Acquisition

French oil major TotalEnergies has announced diversification of key stake in a prolific oil producing asset to Shell. Read more »

Nigeria: Dangote Cement Wins 'Dividend Paying Company of the Year Award'

Dangote Cement Plc has been named the Dividend Paying Company of the Year at the inaugural Nairametrics Capital Market Choice Awards. Read more »

Nigeria: Army Deactivates 19 Illegal Refining Sites in Niger Delta

Troops of 6 Division, Nigerian Army have deactivated 19 Illegal refining sites in the Niger Delta region in the Army's ongoing anti Crude Oil Theft (COT) operations in the region. Read more »

Nigeria: Tinubu Is God's Gift to Nigeria, Says Billionaire Arthur Eze

The Chief Executive Officer of Atlas Oranto Petroleum, Prince Arthur Eze has described President Bola Tinubu as "God's gift to Nigeria" and praised his leadership style,… Read more »

Nigeria: World Bank's Call for NNPCL Audit Raises Questions On Nigeria's Sovereignty

The World Bank's recent call for a forensic audit of the Nigerian National Petroleum Company Limited (NNPCL) has sparked debate over the institution's role in Nigeria's economic… Read more »

Nigeria: Kaduna Petroleum College Ready for Commissioning - Minister

Minister of state for petroleum resources (Gas) Hon. Ekperikpe Ekpo has disclosed that the College of Petroleum and Energy Studies in Kaduna is ready for commissioning. Read more »

Nigeria: Ekpo Elected Chairman West African Gas Pipeline Project Committee of Ministers

Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has been elected chairman of the Committee of Ministers of the West African Gas Pipeline (WAGP). Read more »