Energy
Oil Prices Surge as US-Iran Tensions Escalate, Global Markets React Sharply
Oil prices surged sharply on Monday as renewed tensions between the United States and Iran rattled global markets and disrupted...
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NUPRC Workers Begin Indefinite Strike Over Welfare, Governance Concerns
Workers of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have commenced an indefinite strike over welfare and administrative issues, leading...
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Petrol Price Soars 643% in Three Years as Nigerians Battle Rising Cost of Living
The price of Premium Motor Spirit (PMS), popularly known as petrol, has surged by about 643 per cent in the...
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Dangote Refinery Cuts Petrol, Diesel Ex-Depot Prices to Boost Affordability
Dangote Petroleum Refinery & Petrochemicals has announced a fresh reduction in the ex-depot prices of Premium Motor Spirit (PMS), popularly...
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NNPC Revenue Jumps 79% to N4.97tn in April as Profit Hits N481bn
The Nigerian National Petroleum Company Limited (NNPCL) has reported a sharp increase in revenue and profit for April 2026, reflecting...
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Nigeria’s Petrol Price Jumps to N1,532 Per Litre in April – NBS
Nigeria’s inflationary pressure on transport fuels intensified in April 2026 as the average retail price of Premium Motor Spirit (petrol)...
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Dangote Refinery Becomes World’s Largest Jet Fuel Exporter in April
Dangote Refinery emerged as the world’s largest exporter of jet fuel in April following disruptions in global fuel trade caused...
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FG Reaffirms Commitment to Electric Vehicles, Clean Transportation in Nigeria
The Federal Government has reaffirmed its commitment to promoting electric vehicles and clean transportation as part of efforts to modernise...
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NMDPRA Boss Unveils Reform Agenda to Strengthen Regulatory Efficiency
The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Rabiu Umar, has unveiled a...
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Dangote Refinery Reshaping Nigeria’s Fuel Market, Reducing Import Dependence — EIU
The Economist Intelligence Unit has stated that the operational ramp up of the 650,000 barrels per day Dangote Petroleum Refinery...
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