Marketers reject FG’s plan to cap petrol price
Photo caption: Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele. Petroleum marketers have rejected government-imposed N1,350 price caps on petrol, insisting
Author : Editor
Nigeria’s forex demand hits $18.34bn as services surge
Photo caption: Forex Nigeria’s foreign exchange utilisation surged to $18.34bn in the second quarter of 2026, its highest level in nearly 15 years, as
Domestic debt servicing gulps N5.28tn in six months
Photo caption: Debt illustration. Photo: Channels TV Nigeria spent N5.28tn servicing its domestic debt between January and June 2026, as interest payments on government
TotalEnergies flags quarterly profit surge as Iran war continues to drive energy prices
Photo caption: TotalEnergies logo *Total sees Q3 refining margin at $33.2 per barrel vs $13.5 in Q2 *Refining cash flow in Q3 seen to
IEA to speed up oil stocks release including over 20 million barrels of diesel
Photo caption: A drone view shows the fuel depot of Aral at the Ruhr Oel petroleum refineries of BP Gelsenkirchen in Gelsenkirchen, Germany, May 7,
Oil eases, but set for weekly gain on Mideast supply risks
Photo caption: Sunset clouds glow over pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 21, 2026.
Nigeria commemorates World Maritime Day 2026
Photo caption: Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola Nigeria will commemorate World Maritime Day 2026 on Friday, October 16, bringing
TotalEnergies reaffirms commitment to Nigeria’s energy growth
Photo caption: Senan Murray TotalEnergies EP Nigeria Limited has reaffirmed its long-term commitment to Nigeria, highlighting 70 years as a downstream operator and 67
Renaissance unlocks $4.1bn, ₦435bn vendor fund with 13 banks to drive 500,000 bpd production ambition
Renaissance Africa Energy Company Limited has partnered with 13 banks to provide a subscribed financing portfolio of $4.1 billion and ₦435 billion to indigenous oil
WAPP mulls second phase of regional electricity market
Photo caption: WAPP logo The West African Power Pool says the second phase of the regional electricity market is expected to be launched early
