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  • In the NewsMarkets

    South Africa’s Eskom in Early Talks with World Bank Over Nuclear Power Funding

    by Oluwatosin Racheal Alabi May 21, 2026
    by Oluwatosin Racheal Alabi May 21, 2026

    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 …

  • In the News

    Aviation Fuel Prices Remain High Despite Dangote Refinery Price Cut

    by Oluwatosin Racheal Alabi May 20, 2026
    by Oluwatosin Racheal Alabi May 20, 2026

    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 …

  • In the NewsOil & Gas

    NMDPRA Threatens Sanctions Against Unlicensed Petroleum Operators in Nigeria

    by Oluwatosin Racheal Alabi May 20, 2026
    by Oluwatosin Racheal Alabi May 20, 2026

    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, …

  • In the NewsOil & Gas

    Dangote Refinery Cuts Jet Fuel Price to N1,650 per Litre

    by Oluwatosin Racheal Alabi May 19, 2026
    by Oluwatosin Racheal Alabi May 19, 2026

    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 …

  • In the NewsMarketsOil & Gas

    NUPRC Urges Coordinated Action to Fix Nigeria’s Gas-to-Power Crisis

    by Oluwatosin Racheal Alabi May 19, 2026
    by Oluwatosin Racheal Alabi May 19, 2026

    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 …

  • In the NewsMarketsOil & Gas

    Nigerians Spend ₦5.43 Trillion on Petrol in Q1 2026

    by Oluwatosin Racheal Alabi May 18, 2026
    by Oluwatosin Racheal Alabi May 18, 2026

    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 …

  • In the News

    Museveni Backs East African Regional Refinery Plan After Talks With Dangote

    by Oluwatosin Racheal Alabi May 18, 2026
    by Oluwatosin Racheal Alabi May 18, 2026

    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 …

  • In the News

    NNPC Boosts Healthcare in South-East with MRI Facility Donation to Nnewi Teaching Hospital

    by Oluwatosin Racheal Alabi May 17, 2026
    by Oluwatosin Racheal Alabi May 17, 2026

    KEY POINTS The NNPC Foundation, the Corporate Social Responsibility arm of NNPC Limited, has commissioned and handed over a fully installed 1.5 Tesla Magnetic Resonance Imaging (MRI) system to Nnamdi …

  • In the News

    PenCom Allows Pension Funds to Invest in Dangote Refinery IPO Under Special Approval

    by Oluwatosin Racheal Alabi May 15, 2026
    by Oluwatosin Racheal Alabi May 15, 2026

    KEY POINTS The National Pension Commission (National Pension Commission), PenCom has granted Pension Fund Administrators (PFAs) special approval to invest pension assets in the planned Initial Public Offering of the …

  • In the NewsMarketsOil & Gas

    Nigeria Falls Short of OPEC Oil Production Target Again Despite Output Increase

    by Oluwatosin Racheal Alabi May 14, 2026
    by Oluwatosin Racheal Alabi May 14, 2026

    KEY POINTS Nigeria has once again failed to meet its crude oil production quota set by the Organization of the Petroleum Exporting Countries, OPEC, after recording an average daily output …

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Nigeria’s Oil Boom: Record Production in September 2023

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