Oluwatosin Racheal Alabi

KEY POINTS Nigeria’s fiscal inflows have risen sharply following the implementation of an executive directive issued by President Bola Tinubu that reshaped how oil revenues are remitted to the Federation …

KEY POINTS Nigerian billionaire businessman, Femi Otedola, has denied reports claiming he funded the Dangote Petroleum Refinery, describing the claims as false and misleading. In a post on X (formerly …

KEY POINTS Seplat Energy Plc is heading into the second quarter of 2026 with strong production momentum, even before the full return of key assets like the Yoho offshore platform. …

KEY POINTS The government of Egypt has raised natural gas prices for several industries as part of efforts to manage rising energy costs. The decision, announced through a prime ministerial …

KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has announced that the Dangote Petroleum Refinery will begin publishing aviation fuel prices on a daily basis. According to …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, and Nigeria LNG Limited, NLNG, have stepped up efforts to increase domestic gas supply in Nigeria. The move comes as rising …

KEY POINTS Two of the world’s biggest energy companies, ExxonMobil and Chevron, have reported significant drops in first-quarter profits for 2026, even as global oil prices surged due to supply …

KEY POINTS The Dangote Refinery has begun direct jet fuel supply to global carriers, including Ethiopian Airlines, marking a major step into the international aviation fuel market. Rising tensions between …

KEY POINTS Nigeria LNG Limited, NLNG, says it is supplying 100 per cent of its liquefied petroleum gas (LPG), also known as cooking gas, to the Nigerian market. The company …

KEY POINTS President Bola Tinubu has removed Saidu Mohammed as the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, and nominated Rabiu Abdullahi Umar as …