Nigeria’s leading energy firm, Oando Plc has announced plans to raise up to $750 million this year for a drilling campaign that could boost output by 300%. Oando Group... Continue

Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream market. A source at... Continue

  The Lagos State High Court, sitting in Tapa Area of Lagos Island, has ordered the freezing of all bank accounts linked to oil tycoon, Kunle Abiodun Enitilo and... Continue

BY TEMITOPE AJAYI  President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency for crude oil supplied by the... Continue

BY MICHAEL AKINOLA  Justice J.O Abdulmalik of the Federal High Court sitting in Abuja on Tuesday, March 31, 2026 has granted the final forfeiture of over N3.4 billion and... Continue

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Tuesday, March 31, 2026, re-arraigned Nadabo Energy Boss, Abubakar Ali Peters, for an alleged N1.4... Continue