Dangote Petroleum Refinery exported about 87 percent of its aviation fuel production in August, even as Nigeria recorded no imports of aviation turbine kerosene for 13...
Every day, 90,000 barrels of Nigeria’s crude are pledged to a lender under Project Gazelle, limiting the country’s freedom to sell or direct those barrels elsewhere...
Shell has agreed to sell its entire stake in Shell Nigeria Gas Group to indigenous energy company Vaaris Energy Limited, ending its involvement in Nigeria’s domestic...
Dangote Petroleum Refinery and Petrochemicals has recorded a remarkable turnaround in its financial performance, posting $22.5 billion in revenue and $4.7 billion in net profit for...
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has declared that this is the wrong time for governments to impose new taxes or...
The initial public offering (IPO) of Dangote Petroleum Refinery and Petrochemicals (DPRP) has already drawn three to four times the money it set out to raise,...
Alpha Morgan Bank Limited has announced the relocation of its Head Office from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria...
The Federal Government has opened discussions with the World Bank Group on securing additional financing support for infrastructure development, particularly in the power sector, as Nigeria...
The Nigerian National Petroleum Company Limited paid N686.94bn in interest on its forward sale agreements in 2025, representing a 171.4 per cent increase from the N253.14bn...
At least three power plants generated no electricity in September as Nigeria’s national grid continued to record frequency and voltage breaches, according to the latest data...