KEY POINTS Nigerian billionaire businessman Femi Otedola has revealed that he sold his stake in Geregu Power Plc in order to position himself for a major investment in the proposed …
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KEY POINTS Chevron Corporation has unveiled a next-generation version of its Techron fuel additive, designed to improve engine performance and reduce damage caused by low-quality gasoline. The announcement was made …
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KEY POINTS Chairman of FirstHoldCo, Femi Otedola, has expressed interest in acquiring $100 million worth of shares in the proposed Initial Public Offering (IPO) of the Dangote Petroleum Refinery and …
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KEY POINTS South Africa’s state-owned power utility Eskom has begun exploratory discussions with the World Bank Group over potential funding support for a major nuclear energy expansion programme. The proposed …
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KEY POINTS Despite a recent reduction in the gantry price of aviation fuel, Jet A1, by the Dangote Petroleum Refinery & Petrochemicals, airline operators and passengers across Nigeria are yet …
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KEY POINTS The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has issued a strong warning to individuals and companies operating in Nigeria’s petroleum sector without the required licences, permits, …
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KEY POINTS Dangote Petroleum Refinery and Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a move designed to ease operational pressures …
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KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has called for stronger collaboration among players in the gas, power, and financial sectors to address persistent challenges in Nigeria’s gas-to-power …
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KEY POINTS Nigerians spent an estimated ₦5.43 trillion on petrol, commonly known as petrol, in the first quarter of 2026, amid rising fuel prices and ongoing tensions in the downstream …
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KEY POINTS Ugandan President Yoweri Museveni has expressed strong support for a proposed East African regional oil refinery following discussions with Nigerian billionaire and industrialist Aliko Dangote, signalling renewed momentum …
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