Nigeria exported 55.39 million barrels of crude oil in the first two months of 2026, even as the Dangote Petroleum Refinery continues to struggle with inadequate domestic feedstock supply. According t...
CBN TO HOLD MPC MEETING MAY 19 The Central Bank of Nigeria (CBN) is set to hold its monetary policy committee (MPC) meeting this week. The CBN said its 300th MPC meeting will be held on May 19 and 20 ...
Arise Business Analyst Chika Mbonu discussed the Independence Bridge closure in Lagos, JP Morgan praising Nigeria’s President Tinubu and the CBN, and the ‘FUGAZ’ vs ‘FUFGAZ’ debate regarding Fidelity ...
The Nigerian National Petroleum Company (NNPC) Limited has denied reports of an explosion at the Port Harcourt Refining Company (PHRC) in Rivers State, stating that the incident was a flare event that...
A Federal High Court in Abuja, on Tuesday, turned down the request of the Nigerian National Petroleum Company Limited (NNPC) to strike out a N100 billion suit instituted by Dangote Refinery and Petroc...
The decision, which took immediate effect, has sparked discussions about its implications for Nigeria’s energy sector and the broader economy. The naira-for-crude arrangement, introduced on October 1 ...
The Nigeria National Petroleum Company Limited (NNPCL) has refuted an online video which claimed that the Company’s fuel does not last. The Chief Corporate Communicatio...
