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Oil & Gas - Page 48

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

Uganda Targets First Pearl Sweet Crude Export in December

September 10, 2026

Uganda expects its first shipment of Pearl Sweet crude to load in December, marking the start of commercial oil exports as production from its Kingfisher and Tilenga fields ramps up towards as

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Africa·News·Oil & Gas·Top Stories

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

September 7, 2026

Nigerian billionaire Aliko Dangote on Monday, Sept. 7, signed documents for an initial public offering of Dangote Petroleum Refinery and Petrochemicals, seeking to raise about 2.15 trillion naira ($1.63 billion) to finance

N15 Reduction Is Insignificant- Nigerians React As NNPCL Reduces Petrol Price To N945/ Litre

Business News·News·Oil & Gas

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

TUC Calls for Special FX Rate to Reduce Petrol Prices The Trade Union Congress (TUC) has urged the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to implement a special foreign exchange rate (Fx rate) for the Nigerian National

September 10, 2024

NCDMB Debunks Report On Alleged N7.7bn Expenditure On Consultancy

News·Oil & Gas

NCDMB Hails Nigerian Content Achievements In NLNG’s Train 7 Project

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has applauded the significant achievement recorded with the adoption of the Nigerian Content policy in the Nigeria LNG Limited (NLNG) Train 7 Project. Engr Ogbe gave the

September 7, 2024

Competition Sets In As NNPCL, Like Dangote Refinery, Slashes Petrol Price

Business News·News·Oil & Gas

Petrol Prices Influenced By Forex, Market Forces – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL) has stated that foreign exchange (forex) crisis has been a significant factor influencing the changes in price of Premium Motor Spirit (PMS) in the country. Speaking on TVC News “Journalists’ Hangout” show on Thursday, the Executive

September 6, 2024

Business News·News·Oil & Gas

We’ve Enough Petrol Supply, Minister Insists, Despite Scarcity

Despite the lingering scarcity and hike in price of petrol, Nigeria’s Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has said there is sufficient supply of petrol in the country. The minister stated this on Thursday, while briefing newsmen after a meeting

September 6, 2024

Business News·FEATURES·Oil & Gas

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

As Nigerians grapple with scarcity and high price of fuel, it has been emphasised that only a fully deregulated market with perfect competition, would facilitate increased supply, and make the commodity stable and affordable in the country. With four major government-owned refineries

September 5, 2024

Business News·Markets·News·Oil & Gas

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

The Nigerian National Petroleum Company Limited (NNPCL) has found itself at the centre of a financial and operational crisis that has left Nigerians reeling from the consequences. The NNPCL, once hailed as Nigeria’s most valuable asset, is now being viewed by many

September 5, 2024

Dangote Refinery Debunks Report On Reselling Imported Crude

Business News·News·Oil & Gas

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Dangote Refinery is expected to prioritise profit despite high fuel prices in Nigeria, according to energy expert, Olabode Sowunmi. Speaking on ARISE News on Wednesday, Olabode Sowunmi, Chairman of the Energy Transition Study Group at the Nigerian Gas Association, addressed these concerns.

September 4, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business News·News·Oil & Gas

Dangote Refinery To Supply 25 Million Litres Of Petrol Daily In Sept – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said Dangote Refinery will supply the Nigerian market with 25 million litres of petrol daily this September. The downstream regulator added that the $20 billion refinery will subsequently increase the supply to

September 4, 2024

Why We Resort To Importing Crude From U.S. – Dangote

Business News·News·Oil & Gas

Dangote Refinery’s Naira-For-Crude Deal To Cut Dollar Demand By 40%

Dangote Refinery’s naira-for-crude strategy aims to reduce Nigeria’s dollar demand by 40%, according to Aliko Dangote. He praises Tinubu’s energy plan. Dangote Refinery’s Impact on Nigeria’s Dollar Demand The Dangote Refinery is set to revolutionise Nigeria’s energy sector by reducing the country’s

September 4, 2024

NLC Accuses Tinubu Of Betrayal As Fuel Prices Rise, Demands Immediate Reversal

Business News·News·Oil & Gas

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

The hike in fuel prices has sparked a wave of outrage across Nigeria, with the Nigeria Labour Congress (NLC) branding President Bola Tinubu a “betrayer” of the people. The NLC, which represents the interests of workers nationwide, expressed its strong disapproval in

September 3, 2024

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has

Top 5 Best-Performing Industrial Goods Stocks In Q1 2026

Shareholders in Nigeria’s industrial goods sector recorded massive returns in

Naira Weakens Against Dollar, Gains On Pound, Euro In Official Market

On Thursday, the official foreign exchange (FX) rate for the

How Investments In Nigerian Pharmaceutical Shares Performed In Q1 2026

Q1 2026: Four Pharma Stocks Reward Investors, One Bleeds N14.8bn

Only one of five pharmaceutical firms listed on the Nigerian

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Oil & Gas - Page 48

Uganda Targets First Pearl Sweet Crude Export in December

Dangote Opens $1.6 Billion Refinery IPO, Sets Minimum Investment at N5,250

TUC Urges Special FX Rate For NNPCL To Cut Petrol Prices

NCDMB Hails Nigerian Content Achievements In NLNG’s Train 7 Project

Petrol Prices Influenced By Forex, Market Forces – NNPCL

We’ve Enough Petrol Supply, Minister Insists, Despite Scarcity

How Strong Competitive Market Will Stabilise Fuel Price In Nigeria

NNPCL’s $6.8 Billion Debt Crisis Sparks Calls for Urgent Privatisation

Price Hike: Dangote Refinery Won’t Sell Petrol At A Loss – Expert

Dangote Refinery To Supply 25 Million Litres Of Petrol Daily In Sept – NMDPRA

Dangote Refinery’s Naira-For-Crude Deal To Cut Dollar Demand By 40%

NLC Accuses Tinubu Of Betrayal Over Fuel Price Hike, Demands Immediate Reversal

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