Markets

KEY POINTS Nigeria’s average daily petrol imports fell sharply in August as domestic supplies increased, according to the latest data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA. …

KEY POINTS Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit, commonly known as petrol, from ₦1,350 to ₦1,325 per litre following a decline in global crude …

KEY POINTS Moniepoint Microfinance Bank and TeamApt Limited have partnered to make the Initial Public Offering of Dangote Petroleum Refinery more accessible to retail investors across Nigeria. The partnership will …

KEY POINTS The Federal Government and the Nigerian National Petroleum Company Limited, NNPCL, have been urged to revive the country’s government-owned refineries as rising international crude oil prices continue to …

KEY POINTS Dangote Refinery has warned that new and rehabilitated refineries in Nigeria, Africa and other major oil-producing regions could increase competition and put pressure on its market share, product …

KEY POINTS Dangote Petroleum Refinery and Petrochemicals FZE has opened a N2.15 trillion Initial Public Offering, IPO, giving Nigerians and other African investors an opportunity to acquire shares in one …

KEY POINTS Fresh pressure is building on petrol prices in Nigeria after the estimated landing cost of petrol rose to ₦1,311.36 per litre, exceeding the current ₦1,265 per litre gantry …

KEY POINTS Aliko Dangote, President and Chief Executive Officer of the Dangote Group, has announced that Nigerians can subscribe to the proposed Initial Public Offering, IPO, of Dangote Petroleum Refinery …

KEY POINTS Shares of Italian energy giant Eni fell 3.29% on September 4, closing at €23.08 on the Borsa Italiana as investors awaited the company’s latest financial results. The stock …

KEY POINTS The Nigerian National Petroleum Company Limited, NNPC, recorded a significant decline in revenue in July 2026 as lower crude oil production and operational disruptions affected its financial performance. …