The initial public offering (IPO) of Africa’s largest oil refinery, the Dangote Refinery, is set to open within the next 10 to 12 days. Billionaire founder...
Tag - #oil
Nigerian energy company Aradel Holdings has posted a massive increase in oil and gas production for the first half of 2026, driven by higher gas demand and an...
LONDON — Global stock markets have surged and oil prices have retreated following reports that the US and Iran are close to a preliminary agreement to end...
A prominent Nigerian businesswoman has dismissed claims that anti-corruption agents recovered $13m (£10.4m) in cash during a raid on her home, calling the...
A Nigerian advocacy group has welcomed President Bola Tinubu’s approval of new incentives for a $20 billion deepwater project, describing it as a signal that...
Nigeria is accelerating its transition to gas and electric-powered transport as a direct response to the “volatility” of global oil markets...
The United States and Nigeria have vowed to deepen their economic ties, focusing on a major shift toward digital technology and agriculture to drive growth...
The United States has seized two “ghost fleet” oil tankers in the North Atlantic and the Caribbean, in a high-stakes operation supported by the UK...
ABUJA, NIGERIA – The Nigerian government is optimistic about increasing the country’s crude oil output to 2.5 million barrels per day by 2026. The...
Abuja, Nigeria – The Kogi State government is actively seeking investment for the exploration of its oil and gas reserves. Governor Ahmed Usman Ododo met with...