IMF Keeps Faith in Nigeria’s Economy
Nigeria’s economy has received another vote of confidence after the International Monetary Fund (IMF) maintained its economic growth forecast for ...
Tag: Oil and Gas
Dangote Eyes $5bn IPO for Refinery Expansion
Nigeria’s biggest refinery project is preparing for another major milestone as Dangote Petroleum Refinery & Petrochemicals FZE plans to raise ...
Tony Elumelu Built a Business Powerhouse
Tony Elumelu is one of Africa’s most influential business leaders, known for building companies that have transformed industries across the ...
NEC Approves $4.5bn Gazelle 2 Loan to Boost Nigeria’s Economy
The National Economic Council (NEC) has approved a new $4.5 billion Project Gazelle 2 financing facility to replace the existing ...
Nigeria’s Petrol Demand Drops as Prices Rise
Nigeria’s petrol consumption recorded a slight decline in the first half of 2026, showing that rising fuel prices are changing ...
Seplat Sells 10% Stake to NNPC in $281.6 Million Deal, Boosts Investor Returns
Seplat Energy Plc has agreed to sell a 10 percent working interest in its joint venture with NNPC Limited for ...
NNPC Welcomes Over 1,000 Young Professionals After One Year of Training and Assessment
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially absorbed more than 1,000 young professionals into its workforce after ...
Imported Petrol Now Costs More Than Dangote Fuel as Marketers Push for End to Imports
Nigeria’s imported petrol has become more expensive than fuel produced by the Dangote Petroleum Refinery, strengthening calls from petroleum marketers ...
Dangote Says Refinery Will Use 2.5% of Global Crude Oil Supply at Full Capacity
Africa’s richest businessman, Aliko Dangote, has revealed that the Dangote Petroleum Refinery will consume about 2.5 percent of all crude ...
Nigeria Awaits 154 Million Litres of Imported Petrol as Fuel Supply Remains Strong
Nigeria is expected to receive about 154.2 million litres of imported Premium Motor Spirit (PMS) this week as five fuel ...
