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Nigeria Oil Industry

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Oyo Demolishes Kidnappers’ Hideout After Rescue of Adelabu’s Relatives

KEY POINTS • Oyo demolishes house used to hold kidnapped victims • Police rescue Adelabu’s sister...
News

Three Killed in Warri-Itakpe Train Derailment

KEY POINTS • Three passengers confirmed dead in train accident • Emergency teams deployed to rescue...
Business

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.
Business

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
News

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.
News

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.
News

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.
Business

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...

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News

Oyo Demolishes Kidnappers’ Hideout After Rescue of Adelabu’s Relatives

KEY POINTS • Oyo demolishes house used to hold kidnapped victims • Police rescue Adelabu’s sister...
News

Three Killed in Warri-Itakpe Train Derailment

KEY POINTS • Three passengers confirmed dead in train accident • Emergency teams deployed to rescue...
News

WAEC Warns Schools Against Extorting WASSCE Candidates

KEY POINTS • WAEC condemns illegal fees imposed on candidates • Schools charging for free calculators...
News

IPOB Claims Nigerian Government Admits Court Lacked Jurisdiction in Nnamdi Kanu Case

KEY POINTS IPOB says its leader, Nnamdi Kanu, agrees with an alleged admission by...