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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.
News

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.
News

NECA queries NNPC-China refinery deal, cites $25bn spend

NECA Director-General Adewale-Smatt Oyerinde questioned NNPC's new MOU with Chinese firms, demanding accountability for the $25 billion already spent on failed refinery rehabilitations.
News

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.
Business

Nigeria exports 55.39m barrels as Dangote chases feedstock

Nigeria exported 55.39 million barrels in the first two months of 2026 as the Dangote refinery scrambled for feedstock and leaned on imported crude.
Business

Dangote Refinery Raises Petrol Ex-Depot Price to N1,175

KEY POINTS Dangote Refinery increased its petrol ex-depot price to N1,175 per litre and...
News

NNPC, Chevron Confirm Hydrocarbon Discovery at Awodi-07 Well

NNPC confirmed hydrocarbons at Chevron Nigeria’s Awodi-07 well, calling the offshore Niger Delta discovery a milestone for their joint venture and Nigeria’s energy strategy.
Business

Dangote Plans to List Up to 10 Percent of Refinery Shares

Aliko Dangote plans to list refinery shares and expand output to 1.4 million barrels per day through global partnerships and investment.
News

SERAP Demands Probe Into Missing N500bn Oil Funds

SERAP has asked the Nigerian National Petroleum Company Limited to account for a missing N500 billion and involve anti-corruption agencies in investigating the matter, citing a World Bank report.
Business

NNPC and Dangote Collaboration to Boost Nigeria’s Oil Sector

Following a months-long standoff, NNPC and Dangote refinery have finally agreed to work together to achieve Nigeria’s energy security and economic development.
Business

NNPC Announces Petrol Price Reduction Across Major Nigerian Cities

KEY POINTS NNPC reduces petrol prices to N880/litre in Lagos and N935/litre in Abuja, marking the first...
News

President Tinubu Appoints Ojulari as New NNPC Group CEO

KEY POINTS President Tinubu replaces NNPC's entire leadership team, appointing Bayo Ojulari to drive...
News

All You Need to Know About New NNPC GCEO Ojulari

KEY POINTS President Tinubu’s dissolution of NNPCL’s board and appointment of Ojulari underscores a...
Business

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...
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News

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.
News

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.
News

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.
News

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.