Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)…
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Concerns about Dangote Refinery IPO 11 Jun 2026
Nigeria is approaching a defining moment for its capital market. The planned listing of Dangote Petroleum Refinery and Petrochemicals FZE on the Nigerian Exchange, expected to value the company at between $40 billion and $50 billion,…
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Nigeria’s Economic Recovery At Risk As Fresh Headwinds Loom
Nigeria’s fragile economic recovery is facing fresh headwinds as falling oil prices, a weakening naira and looming flood threats raise concerns over government revenues, external reserves and food inflation, according to the latest…
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Iran war: Nigeria’s fuel price would’ve been N6,000/litre without Dangote Refinery – IPMAN
Independent Petroleum Marketers Association of Nigeria said Nigeria’s fuel price would have increased to between N5000 to N6000 per litre without Dangote Refinery amid the ongoing crisis in the middle east.
The spokesperson of…
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Dangote Refinery Cuts Gasoline Production by 34% as Repair Work Underway
...With June exports dropping to 10,000 bpd from 81,000 bpd in April
The reduction at the Residual Fluid Catalytic Cracking Unit has pushed June gasoline exports down to 10,000 barrels per day from 81,000 barrels per day in April,…
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Ex-NNPC CFO to Senate: N210trn not missing; says N2.9bn, not N5.8bn, spent to register new company
A former Chief Financial Officer (CFO) of Nigerian National Petroleum Company Limited (NNPC), Umar Ajiya, says no money is missing, contrary to reports that the company could not account for N210 trillion audit queries of the…
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SEPLAT’S NEW EMPIRE: Effy Okon Takes the Wheel as CEO While Tony Elumelu Steps in as Chairman to…
By Kunle Odusola-Stevenson
For decades, the playbook for the African oil and gas sector followed a predictable script. Multinational titans—the historical International Oil Companies (IOCs)—extracted crude from the continent’s rich…
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COVID-19 Era gave Arteta Space to Revive Arsenal, says Kroenke
Saidu Abubakar with Agency Reports
Arsenal co-chair Josh Kroenke says behind-closed-doors football during the Covid-19 pandemic allowed manager Mikel Arteta "space" to help revive the "sleeping giant".
The Kroenke Sports and…
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Africa Risks Losing Maritime Opportunities, Dantsoho Warns
Abubakar Dantsoho
By Anscella Obike
The warning by the Managing Director of the Nigerian Ports Authority (NPA), Abubakar Dantsoho, that Africa risks missing major maritime opportunities without modern ports reflects growing concern…
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FG’s New Housing Roadmap Signals Shift Toward Scaled Delivery
By Adaobi Rhema Oguejiofor
Nigeria’s housing crisis has long existed as both an economic challenge and a social reality. Across major cities and emerging urban centres, millions of Nigerians continue to struggle with rising rent…
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Kasi Cloud’s 100MW Facility Signals New Era for Nigeria’s AI Ambitions
By Adaobi Rhema Oguejiofor
For years, Africa’s digital economy has relied heavily on infrastructure located outside the continent. Online searches, cloud transactions, banking services, streaming platforms, and artificial…
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