- Friday, June 12, 2026
BusinessDay
Oil prices climbed back on Thursday, recovering from the previous session’s losses as fading hopes of a swift end to...
The Central Bank of Nigeria has approved the full repatriation of export proceeds by international oil companies, allowing them unrestricted...
Dangote Refinery, Africa’s largest oil refinery, has been forced to purchase Nigerian crude on international markets at a premium of...
Esso Exploration and Production Nigeria Limited, an affiliate of ExxonMobil, broke ground Tuesday on a permanent Shore Base facility at...
The federal government through the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has compressed well-permit approvals from several weeks to just...
…says excelling as minister is current priority Adebayo Adelabu, Minister of Power, has announced ongoing government efforts to resolve gas...
Why the continent’s greatest economic opportunity is still constrained by its oldest infrastructure challenge — and what the private sector...
When the lights went out for the third time in a week at his Lagos textile factory, Emeka Okafor did...
Deep beneath the creeks and wetlands of Delta State, buried between 45 and 150 feet underground, runs a pipeline that...
Nigeria could raise its crude oil production by approximately 100,000 barrels per day over the next few months, the Group...
Nigeria spent $10 billion on petrol imports in 2025, a 28.88 per cent drop from the $14.06 billion recorded the...
The Dangote Petroleum Refinery has strengthened Nigeria’s presence in the regional energy market with the successful sales of 12 cargoes,...
The Dangote Petroleum Refinery has completed the sale of 12 cargoes of refined petroleum products totalling 456,000 tonnes, marking its...
Goldman Sachs has sharply revised its oil price forecasts for 2026, projecting that Brent crude will average $85 a barrel...
…Nigeria sees second highest surge in petrol price globally since Iran war …Heatwave, power outages worsen pain Adaeze Nwosu’s fabric...
