KEY POINTS Global oil prices surged on Friday, rising more than 3%, after comments by U.S. President Donald Trump signaled growing frustration with Iran, raising fresh fears over potential disruptions …
KEY POINTS Kenya has announced a significant increase in retail fuel prices, raising them by as much as 23.5% following continued volatility in global oil markets linked to tensions in …
KEY POINTS The National Pension Commission (National Pension Commission), PenCom has granted Pension Fund Administrators (PFAs) special approval to invest pension assets in the planned Initial Public Offering of the …
KEY POINTS The President of the Dangote Group, Aliko Dangote, has revealed that the Nigerian National Petroleum Company (NNPC Limited) attempted to increase its equity stake in the Dangote Petroleum …
KEY POINTS Nigeria has once again failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries, OPEC, after recording an average daily output …
KEY POINTS Global oil prices remained largely unchanged on Thursday after reports from Iran suggested that about 30 vessels had recently crossed the Strait of Hormuz, easing immediate concerns over …
KEY POINTS Nigerian billionaire businessman, Aliko Dangote, has revealed that he rejected attempts by the Nigerian National Petroleum Company Limited, NNPC, to increase its minority stake in the soon-to-be publicly …
KEY POINTS The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has surged again across Nigeria, with a 12.5kg cylinder now selling for about ₦18,750, while the …
KEY POINTS The Federal Competition and Consumer Protection Commission, FCCPC, has praised the Lagos State Electricity Regulatory Commission, LASERC, for introducing consumer-focused electricity reforms aimed at eliminating estimated billing and …
KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has disclosed that the Dangote Petroleum Refinery accounted for nearly 80 per cent of the petrol consumed in Nigeria …
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