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 ...
Read more
Tag: #OilAndGas
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 ...
Read more
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 ...
Read more
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 ...
Read more
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 ...
Read more
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 ...
Read more
Dangote Group Records First Oil from Upstream Assets, Targets Higher Output
The Dangote Group has recorded its first oil from upstream assets and is aiming to begin pumping marketable crude in ...
Read more
NNPC Crude Shipments to Dangote Refinery Hit 6.8 Million Barrels in April
Crude oil supply from the Nigerian National Petroleum Company Limited’s trading arm surged in April 2026, with shipment records showing ...
Read more
Dangote Plans 10% Listing of Refinery Across African Stock Exchanges
Aliko Dangote has announced plans to list about 10% of his oil refining company on multiple African stock exchanges as ...
Read more
Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.