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Nigeria Oil Industry

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Air Peace Flight Returns to Lagos Over Poor Visibility at Asaba Airport

KEY POINTS Air Peace flight P47860 returned to Lagos after poor visibility around the...
News

Adelabu Withdraws From Oyo APC Governorship Race, Demands Reconciliation

KEY POINTS Adebayo Adelabu has withdrawn his challenge to the APC governorship nomination in...
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

Air Peace Flight Returns to Lagos Over Poor Visibility at Asaba Airport

KEY POINTS Air Peace flight P47860 returned to Lagos after poor visibility around the...
News

Adelabu Withdraws From Oyo APC Governorship Race, Demands Reconciliation

KEY POINTS Adebayo Adelabu has withdrawn his challenge to the APC governorship nomination in...
News

Kidnappers Collect ₦7.8bn in One Year, Study Finds

KEY POINTS 7,825 Nigerians were kidnapped in one year, a 66% increase from the...
News

Gunmen Abduct Kogi Principal, NECO Official, Students During Exam

KEY POINTS Gunmen abducted a Kogi school principal, NECO official and students during an...