The Dangote Petroleum Refinery has look again to another African country for crude oil after Algeria and Angola as it nears ...

The House of Reps has revealed the recovery of N28.7 billion from two oil firms owed to the Federation Account, saying about ...

Beyond individual business struggles, the export sector is crucial to Nigeria’s economy. Experts agree that expanding non-oil ...

Here are the seven top business stories you need to track this week — March 17 to March 21REPS OKAYS TAX REFORM BILLS, KEEP VAT AT 7.5% ...

To understand to what extent the four entities have created the current economic quagmire, from which Nigeria might not be extricated any time soon, you only have to ponder the implications of a few ...

Nigeria's state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying ...

Confirming the report, Eche Idoko, the national publicity secretary of the Crude Oil Refinery-owners Association of Nigeria (CORAN), stated that modular refineries have not received a single drop of ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria’s daily average crude oil production in February declined ...

According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

A controversial naira-for-crude arrangement between the Nigerian government and refiners, including the giant Dangote ...