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Nigeria recorded crude oil imports worth $3.74bn linked to operations of the Dangote Petroleum Refinery in 2025, highlighting a major shift in the country’s oil trade...
The landing cost of imported petrol is N94.53 cheaper than the domestic gantry price, according to a report by the Major Energies Marketers Association of Nigeria....
Iran has continued to export crude oil through the Strait of Hormuz despite heightened tensions and reduced maritime traffic in the region, according to a report...
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has unveiled a landmark £746m financing agreement with the United Kingdom that will deliver the modernisation...
Despite its status as Africa’s largest crude oil producer, Nigeria imported crude oil worth a staggering N5.734tn between January and December 2025 as domestic refineries grappled...
Nigerian monarch and Islamic traditional ruler Lamido Sanusi, the Emir of Kano, received a total compensation package of R5.4 million—about N442 million (approximately $324,000)—from MTN Group...
The inspector-general of police (IGP) has filed a seven-count charge against Adebayo Aliu and Fatuntele Tunde over an alleged scheme to cyberstalk Moniepoint Microfinance Bank and...
Nigerian artists generated more than N60 billion in revenue from music streaming on Spotify in 2025, according to new data released by the global streaming platform...
Nigeria holds one of the world’s largest untapped gas endowments, yet millions of its citizens continue to grapple with chronic electricity shortages led by grid collapses,...
The battle for survival among Nigeria’s traditional fuel importers has intensified following the non-issuance of petrol import licences for the first quarter of 2026 as Dangote’s...