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Nigerian refineries

Obasanjo says NNPC refineries will never work again

Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.

Nigerian airlines plan Thursday shutdown as Jet A1 prices triple

Nigerian airlines may ground flights Thursday over a 300 percent surge in Jet A1 fuel prices, pushing operating costs past breaking point.

Oil Producers Oppose Mandatory Crude Sales to Local Refineries

Oil producers in Nigeria are pushing back against a government proposal requiring mandatory crude sales to local refineries, citing concerns about profitability and existing contracts.

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.

U.S. Crude Oil to Dominate Nigerian Refineries, Economic Impact Unfolds

The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.

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Obasanjo says NNPC refineries will never work again

Former President Olusegun Obasanjo has insisted Nigeria's three NNPC refineries will never work, citing past rejection by Shell and pressure that scuttled the Dangote sale.

Nigerian airlines plan Thursday shutdown as Jet A1 prices triple

Nigerian airlines may ground flights Thursday over a 300 percent surge in Jet A1 fuel prices, pushing operating costs past breaking point.

Nigerian investors gain N5.5 trillion as banks, industrial stocks rally

KEY POINTS Nigerian stock investors gained 5.5 trillion naira last week as the All-Share...

Elumelu’s UBA assets cross N33 trillion, sustain growth into Q1 2026

United Bank for Africa's total assets have crossed 33 trillion naira as Tony Elumelu's pan-African lender sustained earnings momentum into the first quarter of 2026.