The Dangote Refinery has denied reports of shutdown, confirming production and truck loading activities continue without any disruption or suspension.

CBN has uncovered major irregularities in FX forward contracts, cancels invalid deals, and warns of legal consequences.

Russia has faced persistent challenges in developing commercial jets, exposing broader industrial decline and systemic weaknesses in its economy.

AFC says its backed projects across 36 African countries have added $50bn to GDP and created 7 million jobs since inception.

Kogi Government says ‘Food for Lagos’ partnership with Lagos will empower farmers and attract investments into the state

The federal government has disclosed plans to soon recommence oil exploration activities in the Ogoni region.

NUPRC has dismissed claims of 220 abandoned oil blocks, clarifying they await concessions under the Petroleum Industry Act 2021.

Professor Akpan Ekpo says Trump’s tariffs create global uncertainty and Nigeria must industrialise to withstand shocks

NCAA has suspended two ValueJet pilots for violating safety protocols during an unauthorised departure at Abuja airport.

Nigeria’s First E&P is exploring gas in Tanzania, signalling a broader regional expansion by Nigerian energy firms beyond the homeland.

Nedbank plans to sell its 21.2% stake in Ecobank, citing regulatory uncertainty and lack of expected synergies.

Ecobank exits Mozambique, selling its stake to FDH Bank Plc as part of a strategic Pan-African realignment plan.

Dangote is a dominant player, but protecting market competition remains crucial, warns oil and gas expert Olabode Sowunmi.

Nigeria has recorded a peak oil output of over 1.8 million barrels per day in July, edging closer to its 2025 budget target.

Keyamo says 67% of Nigeria’s air passengers go through Lagos, prompting the Tinubu administration’s efforts to decentralise international operations.

Nigeria records 1.372 trillion SCF total gas output between January and June 2025, reflecting improved production and utilisation levels.

Sabotage caused 485 of 732 oil spill incidents in 2024, representing over 66% of all reported cases, NUPRC says

Dangote Group has appointed ex-Duqm refinery chief David Bird as CEO of its petroleum and petrochemicals business.

Coca-Cola has announced plans to sell Chivita/Hollandia to UAC of Nigeria, describing the move as a strategic decision aligned with its asset-light model.

NOGASA urges Tinubu to halt Dangote’s direct fuel distribution, warning it could create monopoly and displace thousands of middlemen.