Petrol prices will ‘regulate naturally’, says oil minister
Heineken Lokpobiri, minister of state for petroleum resources (oil), has said the federal government is not fixing petrol prices as
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Energy
50% petrol price hike piles more pressure on manufacturers — MAN
The Manufacturers Association of Nigeria has expressed worry over the 50% increase in the pump prices of petrol at a
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No end in sight to fuel scarcity as NNPC admits financial strain
Amid a shortage of petrol that has lasted for several weeks on end, the Nigerian National Petroleum Company Limited has
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OPEC+, oil giants face risk of falling prices
The Organization of the Petroleum Exporting Countries, its allies and major energy companies face a risk of falling crude prices
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South Africa marks five months of uninterrupted electricity supply
South Africa has gone 150 consecutive days without any planned power outages, Eskom Holdings SOC Ltd. said Saturday. This milestone
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Afreximbank, two others back Oando’s NAOC purchase with $650m financing
African Export-Import Bank said it arranged a $650 million facility for Oando Plc for the financing of the company’s acquisition
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OVH acquisition: The facts, by NNPC Ltd
The attention of NNPC Ltd has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser
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Oando pays $783m for acquisition of Eni subsidiary NAOC
Oando Plc, a Nigerian energy solutions provider, has announces the successful completion of the acquisition of 100% of the shareholding
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Dangote refinery scales down US crude oil imports
Dangote refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be
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NNPC posts highest-ever annual profit of N3.3trn
The Nigerian National Petroleum Company Limited reported a net profit of N3.297 trillion for the financial year ended in December
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