Global oil prices slipped below levels critical to Nigeria’s fiscal planning on Wednesday, intensifying concerns about the country’s 2026 budget assumptions as fears of...
Analysts at CardinalStone have projected that global crude oil prices will average about $55 per barrel in 2026, citing persistent oversupply and weakening global...
The Dangote Petroleum Refinery has firmly denied reports suggesting that it is shutting down operations for maintenance, describing such claims as false, misleading, and deliberately crafted...
Prestige Assurance Plc has released its unaudited full-year 2025 financial results, showing a sharp deterioration in profitability despite solid growth in premiums and insurance...
President Bola Tinubu has approved the cancellation of a significant portion of legacy debts owed by Nigerian National Petroleum Company Limited (NNPC Ltd) to Nigeria’s Federation Account, wiping...
Nigeria’s gross oil revenue underperformed budgetary expectations in the first half of 2025, with significant shortfalls recorded in both the first and second quarters,...
Dangote Petroleum Refinery has called on Nigerians to actively report any MRS filling station selling Premium Motor Spirit (PMS), commonly known as petrol, above the...
NNPC Exploration & Production Limited (NEPL) has announced a major milestone in Nigeria’s upstream sector, recording a daily crude oil output of 355,000 barrels per...
Nigeria’s diesel market experienced renewed upward pressure in October 2025, as the average retail price climbed by 9.45 percent month-on-month to N1,398.57 per litre....
Global oil markets began the week on a tense note as renewed geopolitical disruptions and supply-side risks lifted crude prices, pushing Nigeria’s major crude...