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Industry
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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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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Dangote’s $20 Billion Energy Vision Earns Continental Recognition
Aliko Dangote
By Silverline Ifeanyi Onyeabor
The decision by the African Energy Chamber to name Aliko Dangote as the “African Energy Person of the Year 2026” is more than a ceremonial recognition. It reflects a major shift in!-->!-->!-->!-->!-->…
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As Refinery Talks Expand, Niger Delta Communities Seek Bigger Stake in Energy Future
By Ese Ufuoma
The nude protest by women in Rivers State over the new refinery agreement between the NNPC Limited and two Chinese firms is more than a local grievance. It reflects a growing national frustration over Nigeria’s!-->!-->!-->!-->!-->…
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Oil Giants Leave, Nigerian Firms Rise
By William Emmanuel Ukpoju
A quiet but historic transformation is reshaping Nigeria’s oil and gas industry. Across the creeks, swamps, and ageing oilfields of the Niger Delta, international oil companies (IOCs) are steadily!-->!-->!-->!-->!-->…
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After Billions Spent, Nigeria Tries Again to Fix Its Refineries
By William Emmanuel Ukpoju
For decades, Nigeria’s state-owned refineries have stood as monuments to waste, policy inconsistency, and broken promises. Built with the ambition of making Africa’s largest crude producer self-sufficient!-->!-->!-->!-->!-->…
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West Africa’s Mega Gas Pipeline Could Reshape Global Energy Flows by 2031
By Ese Ufoma
The planned Nigeria-Morocco Gas Pipeline is increasingly emerging as one of Africa’s most strategic energy projects, particularly at a time when global energy security concerns are reshaping international alliances and!-->!-->!-->!-->!-->…
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