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Conoil Profit Slumps 77 Percent as Finance Costs Surge
Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
February 13, 2026
Business
Otedola Applauds Dangote Refinery at Full Capacity
Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
February 13, 2026
News
NNPC Raises Fuel Price to ₦955 per Litre
NNPC raises petrol price to ₦955 per litre amid rising global oil costs, FX pressure, and public backlash over inflation.
October 14, 2025
News
Nigeria’s Gas Exports Drop 25% Amid Low Output and Market Exits
Nigeria's gas exports have fallen by 25% due to low production and market exits, posing significant challenges for the economy and its global energy market role.
June 26, 2024
News
NLNG Clarifies Position in Domestic LPG Price Dynamics
NLNG asserts its dedication to stabilizing LPG prices, denying claims of causing the hike and detailing its market strategy.
November 9, 2023
Latest articles
Business
Conoil Profit Slumps 77 Percent as Finance Costs Surge
Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
February 13, 2026
Business
Otedola Applauds Dangote Refinery at Full Capacity
Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
February 13, 2026
News
INEC Seeks N873.8 Billion for 2027 Elections
INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.
February 13, 2026
News
FG Lists 15 Million Households for Cash Support
Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.
February 13, 2026