- Friday, June 12, 2026
BusinessDay
Oil rose again on Monday after Israel and Iran continued attacks on each other, entering the fourth day, with the...
…Credit facilities to marketers …Ends frequent tanker accidents, perennial strikes Nigeria’s downstream petroleum sector is poised for a dramatic shake-up...
Nigeria’s flagship crude oil grades, including Bonny Light and Escravos Light, are reportedly trading close to the crucial $80 per...
Global oil markets have been thrown into a state of intense volatility, sending analysts scrambling to revise their price outlooks,...
Oil prices shot up dramatically on Friday after Israel launched strikes against Iran, creating the biggest one-day price increase in...
Oil prices edged lower on Thursday, as after US President Donald Trump complained about recent crude gains. Brent crude futures...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a N748 billion profit after tax and a total revenue...
Nigeria’s economy is bracing for fresh turbulence as global oil market analysts warn of a potential decline in crude prices...
The imminent announcement by Africa’s richest man of a likely disruption of the current structure of Nigeria’s downstream oil sector...
The Federal Government has mediated a resolution between Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum...
President Bola Tinubu has enacted the Upstream Petroleum Operations Cost Efficiency Incentives Order 2025, in a move aimed at revitalising...
Nigeria and Saudi Arabia’s state oil giant Aramco are struggling to reach an agreement on a record $5 billion oil-backed...
Export of crude oil started from Nigeria’s Otakikpo onshore terminal, an expandable $1.3 billion facility that is projected to mark...
Aliko Dangote, President of Dangote Group and founder of the Dangote Petroleum Refinery, has hinted at an impending “shakeup” in...
When @_nonconformist1, a Nigerian living abroad, took to X (formerly Twitter) to express his disbelief over his mother’s electricity bill...
