- Saturday, June 13, 2026
BusinessDay
Africa’s largest economy is relying more on Automotive Gas Oil (AGO) commonly called diesel, to keep machines humming as the...
The Nigeria Downstream and Midstream Petroleum Regulatory Authority (NDMPRA) says only Nigerian National Petroleum Company (NNPC) Limited can explain why...
The smuggling of subsidised petrol across Nigeria’s borders is emerging as the hottest gig in town as housewives, teenagers, bike...
Energy giant Shell has said its share of production, onshore and offshore, in Nigeria was 175,000 barrels of oil equivalent...
In a season where many forward-thinking countries have adjusted their retail price of petrol to reflect current global realities, Africa’s...
Timipre Sylva, the minister of State for Petroleum Resources, says Nigeria is unable to meet the Organisation of the Petroleum...
The latest surge in diesel prices as a result of the war between Russia and Ukraine will hit states like...
The petrol subsidy to be incurred by the Nigerian government this year looks set to outpace its budgeted oil revenue...
Like many business owners across Nigeria, Joseph Martins, who plies his trade in the country’s commercial capital, Lagos, depends largely...
From haulage to consumer goods, retail outlets, small businesses, manufacturers all are coming under pressure as the retail cost of...
Nigeria lost over $2bn to crude oil theft and vandalism in 2020, prompting the federal government’s revenue from the oil...
The U.S. and the U.K. will impose a ban on imports of Russian energy on Tuesday without the participation of...
Shell Plc announced today its intention to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products,...
The Nigerian National Petroleum Corporation (NNPC) is seeking to scuttle Seplat Energy Plc’s deal for the purchase of ExxonMobil shallow...
As of January this year, analysts predicted that in 2022 crude oil market will see higher demand while allowing for...
