Markets

KEY POINTS Dangote Petroleum Refinery is preparing for what could become the largest Initial Public Offering (IPO) in Africa’s history, with plans to raise as much as $2 billion through …

KEY POINTS Nigerians are beginning to experience relief from the high cost of cooking gas as the price of Liquefied Petroleum Gas, LPG, commonly known as cooking gas, has fallen …

KEY POINTS Conoil Plc recorded a remarkable financial performance in the first quarter of 2026, with profit after tax rising sharply to N3.90 billion, reflecting a twelve-fold increase compared to …

KEY POINTS Global crude oil prices fell sharply on Monday, dropping to about $82 per barrel after the United States, Israel, and Iran reportedly reached an agreement to end months …

KEY POINTS Global oil prices plunged on Monday after the United States and Iran announced that they had reached an initial agreement aimed at ending their conflict and restoring maritime …

KEY POINTS British energy giant Shell has temporarily halted its $3 billion share buyback programme as it prepares for a crucial shareholder vote related to its proposed acquisition of Canadian …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, has stepped up collaboration with security agencies to combat rising cases of pipeline vandalism and protect critical oil and gas infrastructure …

KEY POINTS Africa’s largest financial institution, Standard Bank Group, has pledged its support for the planned Initial Public Offering, IPO, of the Dangote Petroleum Refinery, signalling strong investor confidence in …

KEY POINTS Eskom has reported major progress in its nationwide programme aimed at eliminating load reduction by 2027, with more than 700,000 households already removed from the system. According to …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has reaffirmed its commitment to ending routine gas flaring by 2030 and reducing methane emissions by 60 per cent by 2035 …