Oil Workers Lock Down NUPRC Nationwide in Surprise Strike
Nigeria’s upstream oil regulator has been brought to a standstill. Members of thePetroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) walkedout on Monday... Read More
CBN Governor Cardoso Warns Against Return to Intervention Programmes
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has warned against a return to widespread intervention programmes, saying such policies distort the market... Read More
Dangote Refinery Now Supplies About 77% of Nigeria’s Petrol as NNPC Boosts Crude Deliveries
Nigeria’s fuel market is undergoing a major shift as the Dangote Petroleum Refinery now accounts for roughly 77 percent of the country’s petrol supply, according... Read More
Africa’s Top Bank Opens Crunch Summit as AidMoney Dries Up
Africa’s most powerful development lender opened its biggest gathering of the year onMonday — and the mood is anything but business as usual. The African... Read More
Dangote Refinery at Full Capacity, Reshaping Africa’s Energy Landscape
The Dangote Petroleum Refinery — the world’s largest single-train refinery, based in Lagos — has hit its full nameplate capacity of 650,000 barrels per day,... Read More
Naira Slips Again as Forex Demand Refuses to Cool
The naira opened weaker this morning, slipping in both the official and parallel markets and adding to a quiet, week-long slide that the Central Bank... Read More
Dangote Cuts Out the Middlemen: Refinery Begins Direct Jet Fuel Sales to Nigerian Airlines
At ₦1,820 a litre — a fraction of what middlemen were charging — Africa’s largest refinery has just rewritten the cost equation for an aviation... Read More
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