Nigeria’s oil rig counts have risen to 46 from 31 as at January 2025. This increase according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) signals a vibrant Petroleum Industry. Gbe...
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 ...
President of Dangote Industries Limited (DIL), Alhaji Aliko Dangote, has once again raised the alarm over the relentless opposition faced by his $20 billion oil refinery project in Lekki, Lagos a...
He also called for massive investment in oil and gas to power the country’s industries and ensure energy security.Elumelu spoke on the sidelines of the Heirs Energies Leadership Forum 2025, with the t...
China will marginally remain the largest source of growth, even as the pace of its expansion is a fraction of recent trends. Global oil demand growth is projected to average 1.1 million barrels per da...
The Dangote Oil Refinery, with a capacity of 650,000 barrels per day, is set to achieve full operation within the next 30 days. According to Edwin Devakumar, the refinery’s head, the facility ca...
