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Dangote monopoly will be bad for energy sector, oil marketers say...

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Three oil marketers — AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited — have asked the Federal High Court in...

Dangote scrambles to debunk report of reselling imported, Nigerian crude

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Dangote Group has moved swiftly to debunk claims of reselling shipments of crude oil from the United States and Nigeria. Reuters reported on Friday that...

Dangote refinery slashes diesel price to N1,000 per litre

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Dangote refinery said on Tuesday that it has slashed the price of automotive gas oil (AGO), also known as diesel, to N1,000 per litre. The...

Why Nnamdi Kanu prayed for crude oil discovery in north —...

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Leader of the Indigenous People of Biafra (IPOB) Nnamdi Kanu prayed that crude oil be discovered in the northern region in commercial quantity, the...

NLNG demands apology from Sahara Reporters over illegal oil shipment report

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The Nigeria LNG Limited (NLNG) has debunked allegations that its officials and those of the NNPC ship crude oil illegally to the United States...

NNPC posts $224.29m from crude oil, gas sale in August

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The Nigerian National Petroleum Company (NNPC) Limited has recorded a total of $224.29 million receipt from crude oil and gas export in August 2021...

Femi Otedola recalls days of being largest crude oil ship owner...

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Businessman Femi Otedola on Friday recalled the days of being the largest ship owner for crude oil in Africa. Mr Otedola flooded Instagram with pictures...

Total dependence on oil, curse to Nigeria — Peter Obi

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Former vice presidential candidate, Peter Obi, has described as a 'curse', Nigeria’s total dependence on oil revenue. Mr Obi made this known in an interview...

Crude oil will not save Nigeria — Peter Obi

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Former vice presidential candidate, Peter Obi, has advised Nigerians to look beyond oil for the economic salvation of Nigeria. Mr Obi gave the advice while delivering...

Crude oil is more valuable than human lives in Nigeria –...

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Singer and songwriter, Timi Dakolo, has said that that crude oil is more valuable than human lives in Nigeria. The 38-year-old musician said this via an...