NNPC, Afreximbank Partner to Advance African Energy Development
The Nigerian National Petroleum Company Limited (NNPCL) has announced a strategic partnership with the African Export-Import Bank aimed at advancing ...
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Tag: #OilAndGas
CPPE Rejects Monopoly Claims Against Dangote Refinery
The Centre for the Promotion of Private Enterprise has dismissed claims that the Dangote Refinery poses a monopolistic threat to ...
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Seplat Energy Targets $1bn Shareholder Payout as Production Surges After Mobil Asset Integration
Dual-listed indigenous energy company Seplat Energy Plc has entered a bold new phase of expansion following a sharp rise in ...
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Seplat Targets $1bn Shareholder Dividends as Production Expansion Gains Momentum
Seplat Energy has projected that it will deliver $1bn in shareholder dividends over the next four to five years as ...
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Tony Elumelu Set for Seplat Board Election at 2026 AGM
Multi-billionaire businessman and founder of United Bank for Africa, Tony Elumelu, is expected to be formally elected to the board ...
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Dangote Rejects NNPC Bid for Bigger Refinery Stake Ahead of Public Share Offer
The President of the Dangote Group, Aliko Dangote, has revealed that the company rejected attempts by the Nigerian National Petroleum ...
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Seplat Energy Plc Posts N52.5bn Profit, Declares $9 Cents Dividend Amid Mixed Q1 Performance
Seplat Energy Plc has reported a post-tax profit of N52.5 billion for the first quarter of 2026, up from N35.3 ...
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NUPRC Board Resumes Duties, Targets Stronger Oversight Amid Oil Market Volatility
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission. (NUPRC) has formally resumed duties, pledging to strengthen regulatory ...
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Afreximbank Backs Three New Refineries in Nigeria to Cut Fuel Imports
The African Export-Import Bank (Afreximbank) has announced plans to finance three additional refineries in Nigeria, in a move aimed at ...
Read moreDangote Unveils Plan for 650,000bpd Refinery in East Africa
Africa’s richest man, Aliko Dangote, has unveiled plans to build a new 650,000 barrels-per-day refinery in East Africa, signalling an ...
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