Nigeria’s Bonny Light crude oil price fell to an average of $66.2 per barrel in October 2025, down 6% month-on-month
Backbone Infrastructure Ltd (BINL) has secured more than $50 billion in funding commitments for the construction of a 500,000 barrels-per-day
Angola’s National Oil, Gas and Biofuels Agency (ANPG) is set to sign an exclusive exploration and development agreement with global
Africa’s wealthiest man, Aliko Dangote, has issued a sell signal to the Nigerian foreign exchange market on dollar holdings. “If
Aradel Holdings Plc has announced it recorded a profit after tax of N245.1 billion for the nine months ended September
President Bola Tinubu has approved a 15% ad-valorem import duty on diesel and premium motor spirit (PMS), also known as
Aramco, one of the world’s leading integrated energy and chemicals companies, has announced the completion of an $11 billion lease
Armed police officers on Tuesday sealed the Lagos headquarters of Nestoil Limited after the Federal High Court authorised the enforcement
The Nigerian Content Development and Monitoring Board (NCDMB) has kicked off a new nationwide Human Capital Development (HCD) programme aimed
Dangote Refinery to Expand Capacity to 1.4 million Barrels Per Day, Set to Become World’s Largest Refinery Dangote Petroleum Refinery
Nigeria’s oil revenue tumbled by 21.82 percent in the fourth quarter of 2024, reaching ₦3,908.50 billion, well below the prorated
Indian refiners are preparing to significantly reduce imports of Russian oil in response to new U.S. sanctions targeting Russia’s two
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