Nigeria’s downstream petroleum market is facing renewed foreign-exchange pressure after the Dangote Petroleum Refinery introduced dollar-denominated prices for petrol, diesel and aviation fuel sold to local...
Dangote Industries Limited’s proposed oil refinery in Kenya has attracted fresh regional investment interest after Tanzanian billionaire Mohammed Dewji expressed his willingness to commit up to...
UTM Offshore Limited has secured a 15-year gas supply agreement for its proposed $3 billion Floating Liquefied Natural Gas (FLNG) project. The agreement provides the long-term...
Xenergi Plc has commenced a mandatory takeover offer to acquire up to 2 million ordinary shares of Premier Paint Plc at ₦38.00 per share following its acquisition...
Oando Plc reported a profit after tax of ₦204.8 billion for the financial year ended December 31, 2025, as higher crude oil and gas production, stronger...
Caverton Offshore Support Group Plc has postponed the release of its 2025 audited financial statements, citing disruptions caused by the resignation of its Chief Financial Officer,...
Emerald HoldCo B.V. has commenced a mandatory takeover offer to acquire up to 11,741,509 ordinary shares of Beta Glass Plc at ₦590.94 per share, in line...
Shareholders of Geregu Power Plc have approved a dividend of ₦9.00 per share for the financial year ended December 31, 2025, while endorsing a series of...
Dangote Industries Limited has unveiled plans to invest an additional $46 billion across its refining, cement and fertiliser businesses over the next three years as it...
Dangote Petroleum Refinery has begun sourcing crude oil from the United Arab Emirates (UAE) as domestic supply constraints continue to challenge feedstock availability for the 650,000-barrel-per-day...
