KEY POINTS In a move set to directly impact the cost of living and transportation nationwide, the Dangote Petroleum Refinery has formally commenced the sale of petrol, known as Premium …
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Markets
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KEY POINTS Oil markets shifted higher on Monday as geopolitical tensions injected a fresh dose of uncertainty into a market otherwise weighed down by oversupply concerns. The price rise followed …
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KEY POINTS A profound crisis is unfolding within Nigeria’s public finances, with newly released data revealing the federal government’s oil and gas revenue fell a staggering 62% short of target …
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In the NewsMarketsOil & Gas
Oil Heads for Second Weekly Loss as Swelling Supply Outlook Dulls Geopolitical Risk
KEY POINTS Oil prices slid again on Friday, leaving the market on course for a second consecutive weekly decline as expectations of rising supply from OPEC+ producers and the United …
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In the NewsMarketsOil & Gas
IPMAN Sets Sights on Refinery Ownership as Members Pivot to Dangote Fuel
KEY POINTS Nigeria’s independent petrol retailers, IPMAN, are preparing for a more ambitious role in the country’s energy market, with plans to invest directly in refinery ownership and a fresh …
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In the NewsMarketsOil & Gas
Nigeria’s Oil Takings Drag Federation Revenue Lower in November Despite NNPC Rebound
KEY POINTS Nigeria’s public finances came under renewed strain in November as weaker oil inflows pulled down total revenue shared by the three tiers of government, offsetting gains from the …
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In the NewsMarketsOil & Gas
Nigeria’s Non-Oil Exports Climb to Record N9.2 Trillion as Naira Shift Reshapes Trade
KEY POINTS Nigeria’s non-oil exports rose to an unprecedented N9.2 trillion in the first nine months of 2025, underscoring how currency reforms and pricing dynamics are altering the country’s external …
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KEY POINTS Aliko Dangote has said Nigerians should not be paying more than N740 per litre for petrol nationwide, setting out an aggressive push to force prices down as his …
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In the NewsMarkets
NMDPRA Positions Nigeria’s New Digital Gas Marketplace as Cornerstone of Future Energy Trade
KEY POINTS Nigeria’s midstream and downstream regulator, NMDPRA, has placed itself at the centre of a major shift in the country’s gas sector, unveiling the first online platform designed to …
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In the NewsMarketsOil & Gas
Nigeria’s Petrol Supply Surges as Dangote Refinery Output Jumps in November
KEY POINTS Petrol deliveries from the Dangote Refinery climbed sharply in November, offering a temporary cushion to a domestic market still heavily reliant on imports and facing rising end-of-year fuel …