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Markets

  • In the NewsMarketsOil & Gas

    NNPC Secured $20bn Gas Sales Through Trans Niger Pipeline, PINL Says

    by Ikeoluwa Juliana Ogungbangbe August 10, 2026
    by Ikeoluwa Juliana Ogungbangbe August 10, 2026

    KEY POINTS The Pipeline Infrastructure Nigeria Limited, PINL, has disclosed that the Nigerian National Petroleum Corporation, NNPC, secured more than $20 billion in gas sale and purchase agreements over the …

  • In the NewsMarkets

    NNPC to Undergo Reform, Join Capital Market as Nigeria Targets $1trn Economy – Tinubu

    by Ikeoluwa Juliana Ogungbangbe August 8, 2026
    by Ikeoluwa Juliana Ogungbangbe August 8, 2026

    KEY POINTS President Bola Tinubu has announced plans to reform the Nigerian National Petroleum Company (NNPC) and eventually list the state-owned energy company on the capital market as part of …

  • In the NewsMarketsOil & Gas

    Nigeria Targets $50bn Offshore Investment as 22 Oil Projects Set for Production by 2030

    by Ikeoluwa Juliana Ogungbangbe August 7, 2026
    by Ikeoluwa Juliana Ogungbangbe August 7, 2026

    KEY POINTS Nigeria is targeting up to $50 billion in Offshore Investment by 2030 as the country seeks to revive its oil and gas industry, attract fresh capital and significantly …

  • In the NewsMarketsOil & Gas

    Dangote Refinery Cuts Petrol Price to N1,165, Diesel to N1,570

    by Ikeoluwa Juliana Ogungbangbe August 6, 2026
    by Ikeoluwa Juliana Ogungbangbe August 6, 2026

    KEY POINTS The Dangote Petroleum Refinery has announced fresh reductions in the ex-depot prices of Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (diesel), in a …

  • In the NewsMarkets

    Dangote Refinery Targets $2bn in Landmark Stock Market Listing

    by Oluwatosin Racheal Alabi June 26, 2026
    by Oluwatosin Racheal Alabi June 26, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Cooking Gas Price Drops to N1,500/kg as Supply Improves

    by Oluwatosin Racheal Alabi June 26, 2026
    by Oluwatosin Racheal Alabi June 26, 2026

    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 …

  • In the NewsMarkets

    Conoil Posts N3.9bn Profit as Share Price Strengthens

    by Oluwatosin Racheal Alabi June 17, 2026
    by Oluwatosin Racheal Alabi June 17, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Oil Price Drops to $82 Per Barrel after US, Israel, Iran End Conflict

    by Oluwatosin Racheal Alabi June 16, 2026
    by Oluwatosin Racheal Alabi June 16, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Oil Prices Fall as US-Iran Peace Deal Reopens Strait of Hormuz

    by Oluwatosin Racheal Alabi June 15, 2026
    by Oluwatosin Racheal Alabi June 15, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Shell Suspends $3bn Share Buyback Ahead of $16.4bn ARC Resources Deal Vote

    by Oluwatosin Racheal Alabi June 14, 2026
    by Oluwatosin Racheal Alabi June 14, 2026

    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 …

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  • West Africa power trade lifts Gambian utility NAWEC back into profit

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

NNPC, NUPRC Reforms Attract $20bn Gas Deals, Boost Oil Output
ExxonMobil FPSO Operations Get New Support Fleet as 16 Gensets Ordered

Latest Stories

NNPC, NUPRC Reforms Attract $20bn Gas Deals, Boost Oil...
ExxonMobil FPSO Operations Get New Support Fleet as 16...
Johannesburg Clears $328m Eskom Debt, Averts Power Crisis

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