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Nigerian refineries

Tinubu vows to crush terror and secure prosperity in Democracy Day address

President Bola Tinubu used his Democracy Day address to vow victory over terrorism and secure economic prosperity, while marking 27 years of unbroken civilian rule in Nigeria.

NNPCL and security agencies intensify crackdown on pipeline vandals

NNPCL and security agencies have intensified their crackdown on pipeline vandalism after finding a damaged crude oil pipeline in the FCT and arresting three suspects.

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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Tinubu vows to crush terror and secure prosperity in Democracy Day address

President Bola Tinubu used his Democracy Day address to vow victory over terrorism and secure economic prosperity, while marking 27 years of unbroken civilian rule in Nigeria.

NNPCL and security agencies intensify crackdown on pipeline vandals

NNPCL and security agencies have intensified their crackdown on pipeline vandalism after finding a damaged crude oil pipeline in the FCT and arresting three suspects.

Cardoso wins Central Bank Governor of the Year award

CBN Governor Olayemi Cardoso has won the Central Bank of the Year award in London, dedicating the recognition to the apex bank's board, management and staff.

Business confidence in the macroeconomy rises to 7.9 index points, says CBN

Business confidence in Nigeria's macroeconomy rose to 7.9 index points in May from 3.9 in April, the CBN says, even as consumers remained pessimistic.