The Nigerian government has responded to the UK's advice for its citizens to avoid travel to six states, including Katsina and Adamawa, due to security concerns.
Dangote Refinery has reduced the petrol price by N49, triggering fresh price reductions at filling stations as competition intensifies in the downstream sector.
The Nigerian National Petroleum Company (NNPC) Limited has reacted angrily to the reports that it imported over 200 million litres of petrol in February 2025.
The Dangote Refinery has announced that it will reach the Euro-5 standard in diesel production at the end of February as it prepares for the European market.
The Nigerian Electricity Regulatory Commission (NERC) has rolled out new penalties for metre tampering and bypassing, saying the move was to ensure transparency.
The Nigerian Midstream, Downstream Petroleum Regulatory Authority (NMDPRA) has approved a 25-year gas distribution licence to Falcon Corporation.
The Nigerian National Petroleum Company Limited (NNPC) has accepted a 15% equity in Starzs Gas Limited to supply compressed natural Gas (CNG) to the firm.
There are expectations from the Organisation of the Petroleum Exporting Countries (OPEC) that the Dangote Petroleum Refinery will help reduce fuel prices.
As President Trump's 'Drill baby drill" policy comes into action, countries like Nigeria may see a major slump in oil revenues. Analysts project a drop in oil price.
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has reacted to the claims that NNPC petrol burns faster than Dangote's petrol.
Many African countries depend on oil for economic growth, energy generation, and revenue collection, making it a crucial resource for economies everywhere.
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