In a bold move to drive economic relief for Nigerians, Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950... Continue

In recent years, Africa’s investment climate has seen significant fluctuations, with Foreign Direct Investment (FDI) declining amid widespread economic uncertainties. Nigeria, as the continent’s second-largest economy, hasn’t been immune... Continue

Federal Government on Thursday performed the groundbreaking ceremony of five Mini-Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State. The five Mini LNG plants include PRIME LNG, NGML/Gasnexus LNG,... Continue

BY EMMANUEL AKANNI  After a decade-long closure, the Warri Refining & Petrochemicals Company in Delta State resumed operations on December 30, 2024, to the astonishment of everyone present at... Continue

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered... Continue

Nigeria ranks as Africa’s leading destination for upstream oil and gas investment in 2024, research from market intelligence firm Wood Mackenzie shows. The country accounted for three out of... Continue