Markets
Despite efforts to boost local refining, Nigeria continues to spend heavily on petrol imports. In 2024, the country’s petrol import bill soared to ₦15.42…
The intensifying competition between Dangote Refinery and petroleum importers is exerting pressure on Nigeria’s oil…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has dismissed allegations suggesting that it opposed…
Renaissance Africa Energy Holdings has finalized its groundbreaking $2.4 billion acquisition of Shell Petroleum Development…
The Nigerian National Petroleum Company Limited (NNPCL) faces mounting criticism over its suspension of the…
The Federal Government has reaffirmed that the arrangement allowing the sale of crude oil in…
In a significant boost to Nigeria’s oil and gas industry, 74 Chinese companies have expressed…
