

Dangote Petroleum Refinery has secured extended court protection against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), allowing the $20 billion facility to continue operations...


Banking system liquidity surged to N7.35 trillion as the Central Bank of Nigeria (CBN) lowered rates on Open Market Operation (OMO) bills and Nigerian Treasury Bills,...


Nigerian motorists could face another round of petrol price increases as the renewed surge in global crude oil prices raises the cost of producing and replacing...


Champion Breweries Plc and VFD Group Plc bucked the broader market trend on Wednesday as both stocks recorded strong gains despite widespread selling that extended the...


The cost of transporting oil through the Strait of Hormuz has surged to as much as $20 million per voyage as escalating attacks on tankers and...


Brent crude oil climbed above $100 per barrel on Wednesday for the first time since July as escalating attacks on tankers, shrinking flows through the Strait...


Dangote Industries’ plan to invest about $40 billion in energy projects over five years is confronting a major test over how the group will secure enough...


Dangote Petroleum Refinery generated N19.13 trillion in revenue and approximately N2.50 trillion in profit after tax in the first half of 2026, according to financial statements...


Dangote Petroleum Refinery expects the global shortage of petrol, diesel and other refined fuels to persist beyond the end of the US-Iran conflict as damaged processing...


Buying interest was scarce on the Nigerian Exchange (NGX) on Tuesday as widespread selling pressure outweighed advances across the market, leaving Ellah Lakes Plc as the...