President Bola Tinubu has revealed 2 powerful world powers Nigeria is in talks with in the fight against insecurity in the country after an alliance with the US.
NNPCL, MRS, and Ardova have raised petrol prices nationwide, pushing pump prices above N1,300 per litre amid rising crude oil costs and supply pressures
Ghana’s demand for petrol imports from Nigeria may decline following the resumption of operations at the country’s state-owned Tema Oil Refinery (TOR).
Private depot owners raised petrol prices to N800 per litre after Dangote Refinery shut its petrol unit for maintenance, prompting market repositioning for 2026.
NCDMB launches the Nigerian Content Research, Innovation and Technology Challenge to enhance local energy solutions and promote innovative ideas in oil and gas.
PETROAN said repeated price cuts by the Dangote refinery in 2025 triggered a prolonged price war that cost retail outlet operators billions of naira in losses.
PETROAN said the Dangote Petroleum Refinery would face increased competition as at least 23 new refineries across Nigeria move closer to completion.
Tony Elumelu is set to grow richer after Heirs Energies acquired a $496 million stake in Seplat Energy, making him the company’s largest shareholder.
The NERC has advised Nigerian electricity consumers to follow official complaint channels when faced with power supply challenges to ensure effective resolution.
NNPC remitted N12.117 trillion to the federation between January and October 2025, and recorded N4.358 trillion in revenue and N502 billion in profit after tax.
Heirs Energies acquired the full 20.07% equity stake previously owned by French oil company Maurel & Prom S.A. in Seplat Energy Plc, in a deal worth $500 million
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