Industry

Several Nigerians have taken to social media to express outrage over the latest petrol price increase, with the cost reaching N1,500 per litre at some filling stations. This development followed an upward review of the ex-gantry…
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Brent crude rises nearly three per cent to $107.60 per barrel. Talks involving Iran and Gulf states on the Strait of Hormuz have been postponed. Saudi Arabia suspends operations on its East West oil pipeline following drone attacks.…
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The unprecedented rush by retail investors to subscribe to the N2.15 trillion Dangote Refinery and Petrochemicals FZE public offer has exposed capacity challenges among Nigeria’s digital investment platforms, after Bamboo experienced…
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President of Dangote Industries Limited, Aliko Dangote, has revealed why he no longer wants to be referred to as the richest man in Africa, saying he would rather be known as the “wealthiest man” who creates wealth for others. …
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The uncomfortable economics of trying to build a bigger economy on an energy system that still struggles to power the one we have. Nigeria has set itself a remarkable economic target: to become a $1 trillion economy by 2030. The…
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The Federal Government has stepped up its humanitarian response to the prolonged gas seepage in Bille Community, Rivers State, with the Nigerian Up­stream Petroleum Regulatory Com­mission (NUPRC) mobilising major oil industry groups…
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For decades, Nigeria’s paradox in the petro­leum sector was difficult to explain: a major crude oil producer that routinely depend­ed on imported petrol to keep its economy moving. That contradiction is now being challenged by the…
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National Institute for Policy and Strategic Studies. PHOTO credit : NIPSS The Senior Executive Course 48 (SEC 48) participants of the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State, have examined the…
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The federal government has announced that Nigeria is returning to a major JPMorgan emerging markets bond benchmark 11 years after its exit, with selected Federal Government of Nigeria bonds included in the newly introduced Government…
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The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reiterated its commitment to activate multiple pathways aimed at transforming Nigeria into a global gas hub. NNPC Ltd.’s Executive Vice President, Gas, Power & New…
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