Ten weeks after the Supreme Court dissolved an asset freeze on Nestoil Limited, the Economic and Financial Crimes Commission (EFCC) has facilitated the recovery of US$60 million from the... Continue

President Bola Ahmed Tinubu, on Thursday in Abuja, said refineries will not be allowed to waste away, given the huge investments made over many years, assuring that in-depth research,... Continue

Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected... Continue

AGBOGE ENIYE ESTHER A coalition of 46 civil society organisations (CSOs) has demanded a halt to oil production in Ogoniland by the Nigerian government, citing unresolved spills, lack of... Continue

Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its... Continue

The National Economic Council (NEC) has approved the refinancing of the US$3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility named “Project Gazelle 2”. The... Continue