The Federal Government has indicated that it may sell off its publicly-owned refineries in a move aimed at attracting investors,
Saudi Aramco’s third-quarter net profit fell 2.3% to $26.94 billion, down from $27.56 billion a year earlier, as lower crude
BP posted a profit of $2.2 billion for the third quarter of 2025, holding steady despite a steep decline in
Nigeria’s financial markets opened November on a weak note as the naira and equities slid following remarks by US President
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
Chairman of Shoreline Group, Mr. Kola Karim, has urged Nigeria to raise its oil production target to five million barrels
Oando Plc has reported a 20% year-on-year decline in revenue to N2.5 trillion for the nine months ended September 30,
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
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