Tinubu Inaugurates LPG Vessel Named After His Mother in South Korea, Lauds NNPC and Sahara
President Bola Ahmed Tinubu says Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also
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Author: Markets Reporters
How Mauritius-Based Startup Chappal Energies Took Nigerian Oil Sector By Storm
Chappal Energies Mauritius Limited, which was registered in May 2022, snapped up stakes in key Nigerian oil and gas assets
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[OPINION] What Does ‘the Economy Is Stable’ Mean?
By Yemi Kale I try to stay away from unnecessary debates but let me offer my own view from a
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South Africa’s Nedbank Exits Ecobank as Bosquet Investments Buys Stake
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has confirmed the execution of a purchase agreement between
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Nigeria’s Oil Minister Urges Operators to Farm Out Idle Assets
Heineken Lokpobiri, minister of petroleum resources (oil), has urged operators in the Nigerian oil and gas sector to farm out
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Nigeria’s Palm Oil Producer Presco Poised To Buy Another Firm After Snapping Up Ghana’s GOPDC
Presco Plc, the largest palm oil producer in Nigeria, is on course to buy Saro Oil Palm Limited (SOP) after
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Chevron Nigeria Discovers New Oil Fields
Chevron Nigeria Limited (CNL) says it has discovered new oil fields such as Meji NW-1. CNL, the operator of the
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Dangote Refinery Cuts Petrol Price Ahead of Fuel Delivery Kick-Off
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of petrol from N850 to N820 per litre,
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IFC Backs Aradel’s Refinery Expansion with $50m Funding
Aradel Refineries Limited, a subsidiary of Aradel Holdings PLC, has successfully closed a $50 million financing deal with the IFC
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CFO of FirstBank’s Parent FirstHoldCo Bows Out
First HoldCo Plc, the parent company of Nigeria’s oldest lender FirstBank, has announced the retirement of its chief financial officer
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