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Nigeria Oil Industry

South Africa Probes Mysterious Flights Carrying Palestinians

South Africa investigates unexpected Palestinian arrivals after officials raise concerns about a coordinated effort to remove civilians from Gaza and the West Bank.

Zenith Bank Moves to Acquire Kenya’s Paramount Bank

Zenith Bank advances its East Africa expansion with a planned acquisition of Kenya’s Paramount Bank amid rising regulatory pressures on smaller lenders.

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.

Dangote Refinery Set to Boost Nigerian Economy by $400B Over Six Years

Dangote refinery is projected to boost Nigeria’s economy, reduce fuel imports, and generate jobs, significantly impacting growth by 2030

NNPC Holds 7.2% Stake in Dangote Refinery, Not 20%: Dangote

Aliko Dangote reveals that NNPC holds a 7.2% stake in the Dangote Refinery, correcting earlier reports of a 20% stake and highlighting the project's significance.

NNPC Declares State of Emergency on Crude Oil Production

NNPC declares a state of emergency on crude oil production, addressing theft, vandalism, and operational disruptions to stabilize Nigeria's vital oil industry.

Oil Investors Face Bureaucratic Hurdles in Dollar-Starved Nigeria

Oil investors in Nigeria struggle with complex regulations and dollar shortages, hindering operations and raising concerns about future growth and stability.

Tinubu’s Orders: A New Dawn in Nigeria’s Oil Sector

In a bold move to tackle corruption in Nigeria’s oil industry, President Bola Tinubu...

Latest articles

South Africa Probes Mysterious Flights Carrying Palestinians

South Africa investigates unexpected Palestinian arrivals after officials raise concerns about a coordinated effort to remove civilians from Gaza and the West Bank.

Zenith Bank Moves to Acquire Kenya’s Paramount Bank

Zenith Bank advances its East Africa expansion with a planned acquisition of Kenya’s Paramount Bank amid rising regulatory pressures on smaller lenders.

Gunmen Abduct 25 Students in Overnight Attack on Kebbi School

Gunmen abducted 25 schoolgirls from a Kebbi secondary school, killing a vice principal and triggering a major security operation across the area.

Dangote Cement Opens N100bn Note Sale to Investors

Dangote Cement opens N100bn commercial papers across two series, offering high yields as it strengthens liquidity and expands its short-term funding strategy.