Energy
Dangote Oil Refinery Begins Supplying Petroleum Products to Nigerian Market
The Dangote oil refinery, touted as Africa's largest, commenced supplying petroleum products to the local market yesterday, confirmed by a...
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Oil steady while market eyes geopolitical supply risks
Oil prices steadied on Wednesday amid concerns about crude and fuel supplies following Ukrainian attacks on Russian refineries and potential...
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Oil Prices Rise on Optimistic Demand Outlook and Middle East Tensions
Oil prices surged on Tuesday, buoyed by indications of potential demand growth in China and the U.S., coupled with escalating...
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Nigerian Government Increases Gas Prices Amid Supply Shortages and Unpaid Invoices
In response to years of unpaid invoices and dwindling gas supply to power plants, the Nigerian federal government has announced...
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Oil Prices Edge Up as Investors Reassess Inventory Data
After two consecutive sessions of decline, oil prices inched up on Thursday as investors reevaluated the latest data on U.S....
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NNPC Denies Reduction in Fuel Pump Prices Amid Social Media Claims
The Nigerian National Petroleum Company Limited (NNPCL) has refuted claims circulating on social media platforms suggesting a reduction in the...
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Oil Prices Decline for Second Consecutive Day Amid Surging U.S. Crude Stockpiles
Oil prices experienced a downward trend for a second consecutive day on Wednesday following reports of a significant surge in...
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FG Plans N300 Billion Procurement for Prepaid Meters
In a bid to address Nigeria's significant metering gap, the Federal Government has announced plans to procure 12.5 million prepaid...
Read moreNigeria’s Crude Oil Production Declines by 6.33% in February: NUPRC Report
According to data released by the Nigerian Upstream Regulatory Commission (NUPRC), Nigeria's average crude oil production, including condensates, experienced a...
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Oil Prices Slip Amid Possibility of Gaza Ceasefire and Stronger Dollar
Oil prices experienced a decline on Friday due to several factors, including the potential for a ceasefire in Gaza, a...
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