Markets

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 …

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 …

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 …

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 …

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 …

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 …

KEY POINTS Nigeria’s upstream ambitions received an unexpected lift at the start of December as NNPC E&P Limited, the flagship exploration and production arm of NNPC Limited, pushed its crude …

KEY POINTS Dangote Refinery has trimmed the gantry price of diesel to ₦910 per litre, easing it down from ₦950 and signalling another attempt by the facility to pass on …

KEY POINTS Oil prices steadied on Thursday, with traders weighing Ukraine’s latest strike on Russian energy infrastructure against the reality that diplomatic efforts to halt the war appear to have …

KEY POINTS Nigeria’s crude oil production eased in October as facility maintenance across several offshore assets weighed on output, even as the state oil company posted a sharp rise in …