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The Dangote Petroleum Refinery has been identified as the key driver behind a seven-fold increase in Nigeria’s seaborne petroleum product exports since 2023, according to the...
Nigeria’s push to revive investment in its deepwater oilfields gained fresh momentum on Monday as the Nigerian National Petroleum Company Limited and its partners signed agreements...
Average daily petrol supply from domestic refineries fell by 20.6 per cent to 25.8 million litres in July 2026, from 32.5 million litres per day recorded...
Aliko Dangote is more than $5 billion richer than he was in February, and the war in Iran is a large part of the reason. His...
Femi Otedola, chairman of First HoldCo Plc, has increased his stake in the financial services group after acquiring an additional 95.69 million shares worth N12.58 billion....
Nigeria’s external reserves have grown by $7.09 billion since the beginning of 2026, reaching $52.66 billion as of August 19, according to latest figures from the...
Nigeria’s leading brewing companies are facing a fresh squeeze from higher tax expenses and escalating energy and logistics costs, increasing the possibility of further beer price...
*Geregu: We are not bankrupt, Otedola will account for every kobo Former Geregu Power Plc Chairman, Femi Otedola, has met with the company’s new Chairman,...
The Nigerian Upstream Petroleum Regulatory Commission has warned 31 companies that emerged winners of 37 oil and gas blocks in the 2025 Licensing Round to pay...
Sujimoto Holdings has said it is targeting a debt-free status by January 1, 2027, after repaying more than N40 billion owed to banks and private lenders....