Global oil prices held firm on Monday, trading comfortably above Nigeria’s 2026 budget benchmark of $64.85 per barrel, supported by...

Nigeria has achieved a major milestone in its long battle against fuel import dependence, with spending on imported refined petroleum...

Nigeria’s average daily oil production, including condensates, rose to 1.652 million barrels per day (bpd) in the first eleven months...

Nigeria’s downstream petroleum market may be on the brink of a dramatic reset as Dangote Petroleum Refinery prepares to begin...

Fresh drama has erupted in Nigeria’s downstream oil sector, but the Dangote Petroleum Refinery says there is nothing to see...

The Nigerian National Petroleum Company Limited (NNPC Ltd) has written off subsidy arrears and other obligations owed by the Federal...

Nigeria’s decision to reintroduce capital gains tax on equity investments is reshaping conversations across the capital market, exposing deeper concerns...

Dangote Petroleum Refinery has begun the nationwide sale of Premium Motor Spirit (PMS) at a pump price of ₦739 per...

Nigeria’s electricity sector is facing deepening financial strain as the Federal Government’s outstanding obligations to power generation companies (GENCOs) are...

Aliko Dangote, President of the Dangote Group, has announced that petrol will be sold at a new price of N739...