Oil and Gas

Nigeria’s oil production drops, exposes budget funding risks

NIGERIA's budget funding is exposed to higher risks as the Organisation of Petroleum Exporting Countries (OPEC) oil output fell...
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Nigeria’s 2026 budget threatened as oil price falls to $60, below proposed benchmark

NIGERIA's 2026 budget could suffer a major setback as the global oil price dropped below the $64.85 per barrel...
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‘It is federation’s money’, Tinubu’s powers to write off $1.42bn, N5.57tn NNPC debt questioned

President Bola Tinubu's approval of the cancellation of a substantial portion of the debts owed by the Nigerian National...
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Dangote woos petrol station owners with 10-day credit facility

THE Dangote Petroleum Refinery has announced a 10-day credit facility, backed by a bank guarantee, for petrol station owners...
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Senate confirms NUPRC, NMDPRA CEOs

THE Senate has confirmed the appointments of Oritsemeyiwa Eyesan and Saidu Mohammed as the Chief Executive Officers of the...
Mustapha USMAN -

Dangote accuses NMDPRA boss Farouk of corruption, demands his probe

THE chairman of Dangote Industries Limited (DIL), Aliko Dangote, has accused the Managing Director of the Midstream Downstream Petroleum...
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