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How Nigeria’s biggest refinery is redrawing the downstream oil map By William Emmanuel Ukpoju A refinery flexes its muscles When Aliko Dangote’s $20bn refinery finally wheezed into life, many Nigerians treated it like a…
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Eight months in, the shift East is paying off — oil exports surge, currency swaps ease forex pressure, and new players return to Nigeria’s oilfields By Ese Ufuoma Eight months after joining the Brazil, Russia, India, China, and…
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Jonathan In continuation of its human capacity building initiatives and provision of thought leadership in the Nigerian oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) is set to launch Nigerian…
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By A Special Correspondent The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday in Cape Town, South Africa, identified key skill areas it would focus capacity building efforts for optimal job creation…
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Global oil prices rebounded sharply this week, with Brent crude climbing back above $70 per barrel, as geopolitical tensions and supply uncertainties rattled energy markets. For Nigeria, Africa’s top oil producer, the rally offers…
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Nigeria’s financial landscape is undergoing significant transformation as the Central Bank of Nigeria (CBN) implements stricter recapitalization rules. Although the deadline of March 31, 2026, is still months away, 12 banks have…
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The Nigerian National Petroleum Company Limited (NNPC) reported remitting N8.86 trillion to the Federation Account from January to July 2025, as announced on Friday. Highlighting its return to Ogoniland, NNPC described the move as a…
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By Saidu Abubakar NLNG in collaboration with the Nigerian Content Development and Monitoring Board (NCDMB), on Friday achieved a major milestone in the Nigerian Content development commitment, with the close-out of Train 7…
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Oil prices climbed on Friday, on track for a weekly gain of more than 4%, as Ukraine’s attacks on Russia’s energy infrastructure prompted Moscow to curb fuel exports. Brent futures gained 89 cents, or 1.28% to $70.31 a barrel. U.S.…
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The face-off between Dangote Refinery and the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), would end soon, as the House of Representatives Committee on Petroleum Resources (Downstream) on Friday vowed to resolve issues…
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