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.
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
Godswill Akpabio intervenes as Minister of State for Petroleum faces scrutiny over Donald Trump comments during Senate screening, calling the line of questioning unnecessary.
Nigerians celebrate as Dangote Refinery's market impact forces petrol prices down across filling stations. Get the latest on fuel cost reductions and economic implications.
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.
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors.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.
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
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.
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.
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.
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.
Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.
The National Association of Polytechnic Students declares full support for Dangote Petroleum Refinery, urging Nigerians to embrace this monumental achievement in energy independence.
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
Nigerian civil society organizations are applauding the Federal Government's strategic 15% tariff on imported refined petroleum products, hailing it as a game-changer for local refining capacity and economic growth.
Key voter advocacy groups throw weight behind President Tinubu amid 15% fuel import duty debate, signaling crucial political backing for economic reforms.
Nigerians face mounting anxiety as depot owners implement sharp petrol price increases, with costs reaching N889 per litre amid distribution challenges and economic uncertainty.
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
OPEC+ agrees to boost oil output by 500,000 barrels daily starting January 2024, potentially impacting global oil prices and Nigeria's economic outlook.
A prominent advocacy group defends President Tinubu's controversial 15% import duty on fuel, calling it a strategic move toward economic independence and local refinery growth.
Nigerian economic experts applaud President Tinubu's strategic ₦15 fuel import levy, calling it a revolutionary move to safeguard local jobs and boost economic sovereignty