NNPC
Nigeria
NNPC Records N7.2tn Profit, Remittances Hit N22.3tn
The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a Profit After Tax (PAT) of N7.2 trillion in the 2025 financial year, representing a N1.8 trillion increase from the N5.4 trillion recorded in the previous year.Chairman of the NNPC...
Business
Dangote Refinery Turns to Exports as Petrol Imports Rise
Dangote Petroleum Refinery is increasingly looking toward export markets for surplus refined products as rising petrol imports create uncertainty over the level of demand it can expect from the Nigerian market.The refinery said imported Premium Motor Spirit (PMS), commonly...
Business
Dangote’s Naira U-Turn: Petrol Price Volatility Deepens
Dangote Petroleum Refinery's petrol pricing has entered another period of volatility, with the refinery making four adjustments in less than a month since returning to naira-denominated sales.The latest increase took effect on August 26, taking the refinery's Premium Motor...
Nigeria
FG Advances $20 Billion Nigeria-Europe Gas Pipeline Talks
The Federal Government has intensified talks on a transcontinental gas pipeline that aims to deliver Nigeria’s vast natural gas reserves to Europe.Louis Ibah, spokesperson to the Minister of State for Petroleum Resources (Gas), said the initiative will boost energy...
Latest News
Trump Warns Iran Will Be ‘Hit Very Hard’ If Linked To Flydubai Attack
US President Donald Trump has warned that Iran would face severe consequences if Tehran is found to have been...

