Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
Nigerian agro-industrial giant Presco Plc announces ambitious ₦23.7 billion capital raise through rights issue to fund expansion projects and enhance palm oil production capabilities across its operations.
Leading Nigerian agro-industrial company Presco Plc announces strategic ₦23.7 billion rights issue to finance expansion projects and boost palm oil production capacity across Nigeria.
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
Nigerian agro-industrial giant Presco Plc unveils ambitious ₦250 billion rights issue to finance expansion projects and strengthen market position in the competitive palm oil sector.
Nigerian agribusiness giant Presco Plc announces massive ₦237 billion rights issue to drive expansion, strengthen market leadership, and enhance production capacity across West Africa.
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Nigerian agribusiness giant Presco Plc unveils ambitious ₦250 billion rights issue strategy to accelerate expansion, strengthen market leadership, and enhance production capacity across West Africa.
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Nigerian Content Development and Monitoring Board reveals how prioritizing local content is transforming Africa's energy sector and creating sustainable growth opportunities.
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
Ondo State celebrates as refinery construction begins, promising job creation, economic growth, and energy independence for Nigeria's oil-rich region.
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Shocking Senate probe exposes how Nigeria lost over $300 billion in crude oil revenues from Niger Delta region due to massive theft and pipeline vandalism over 10 years, threatening national economy.
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
MAN advocates complete privatization of Nigeria's state-owned refineries to address persistent fuel shortages and boost manufacturing sector competitiveness.
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
Ondo State is poised to become Nigeria's next energy hub as several companies finalize plans to establish refineries, creating thousands of jobs and transforming the regional economy.
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Kwara State witnesses major security breakthrough as NSCDC nabs five suspected pipeline vandals, recovering vehicles and equipment in strategic operation to protect critical national infrastructure.
NUPRC CEO Gbenga Komolafe set to share Nigeria's oil and gas regulatory expertise with African lawmakers, focusing on sustainable energy development and economic growth across the continent.
In a groundbreaking development for Nigeria's energy sector, a Canadian company has secured $5 billion funding to complete a massive 500,000 barrels per day refinery project, promising to transform the nation's oil and gas landscape.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.