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NigeriaBusiness

Local Refineries Take Lead, Supply Nearly 75% of Nigeria’s Petrol

By Benson Daniel Domestic refineries supplied nearly three quarters of Nigeria’s petrol during the first seven months of 2026, marking a major shift...

BusinessActiveAfricaNigeria

FG Considers Dollar Swap Arrangement for Dangote Refinery Petrol Sales

By Benson Daniel The Federal Government is considering a dollar swap arrangement that would allow proceeds from petrol supplied by the Dangote Petroleum...

BusinessNigeria

NUPRC Awards 37 Oil Blocks, Sets 90-Day Deadline for Successful Bidders

By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has concluded the commercial phase of its 2025 Licensing Round, announcing 31 companies...