NNPC Cuts Admin Costs 28% to N2.6tn as Profit Hits N7.2tn
The Nigerian National Petroleum Company Limited cut its general and administrative expenses by 28% to N2.6 trillion in 2025, as ...
Tag: Oil and Gas Nigeria
Nigeria’s Petrol Imports Fall 26% as Dangote Supplies 71% of August Receipts
Nigeria’s average daily petrol imports fell by 26% in August 2026 as the Dangote Petroleum Refinery sharply increased its contribution ...
Why Abuja Is Tightening the Taps on Crude Exports
Nigeria has not declared an end to crude oil exports, but recent policy decisions point to a gradual shift towards ...
Seplat Energy to Sell 10% NNPC/SEPNU JV Stake for $281.6m
Seplat Energy Plc has signed a legally binding Heads of Agreement with the Nigerian National Petroleum Company Limited (NNPC Ltd) ...
Nigerian Marketers Import Dangote Fuel Through Lome Trading Hub
Fuel marketers in Nigeria are increasingly sourcing refined petroleum products from the Dangote Petroleum Refinery through the regional trading hub ...
Geregu Proceeds to Fund Dangote Refinery Investment, Says Otedola
Nigerian billionaire investor Femi Otedola has disclosed that proceeds generated from his investment in Geregu Power Plc will be channeled ...
NNPC Signs China Deal to Revive Warri, Port Harcourt Refineries
Nigeria’s state owned oil company, NNPC Limited, has signed a memorandum of understanding (MoU) with two Chinese firms to rehabilitate ...
Dangote Refinery Recall, NNPC OB3 Pipeline Completion Signal Shift in Nigeria Energy Sector
Nigeria’s energy sector is witnessing a pivotal moment as the Dangote Refinery moves to stabilize operations following a dispute that ...
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