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OPEC plans June output hike despite Gulf tensions

OPEC plans June output hike despite Gulf tensions

The Organisation of Petroleum Exporting Countries (OPEC) is weighing a possible increase in oil production for June, even as geopolitical…
NNPC signs deal to revive key refineries

NNPC signs deal to revive key refineries

  The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese firms…
Dangote Refinery begins jet fuel export

Dangote Refinery begins jet fuel export

  The Dangote Petroleum Refinery has started direct deliveries of aviation fuel to international airlines, including Ethiopian Airlines, as global…
FG approves Nigerian aircraft leasing company

FG approves Nigerian aircraft leasing company

  The Federal Government has approved the establishment of the Nigeria Aircraft Leasing Company in a move aimed at strengthening…
Seplat posts $840.7m revenue, 62.7% profit growth

Seplat posts $840.7m revenue, 62.7% profit growth

  Seplat Energy Plc has reported a strong performance for the first quarter ended March 31, 2026, posting revenue of…
IATA names Keyamo among Africa’s top aviators

IATA names Keyamo among Africa’s top aviators

  The International Air Transport Association (IATA) has recognised Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, as one…
Tinubu removes NMDPRA boss, names replacement

Tinubu removes NMDPRA boss, names replacement

President Bola Tinubu has approved the dismissal of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority…
CBN urges early financial literacy among students

CBN urges early financial literacy among students

The Central Bank of Nigeria (CBN) has intensified its drive for early financial literacy, urging secondary school students to adopt…
Oil prices surge on Iran blockade tensions

Oil prices surge on Iran blockade tensions

Global oil prices have climbed sharply following reports that the United States is preparing to expand a blockade on Iranian…
Oil rises as Iran talks stall, stocks mixed

Oil rises as Iran talks stall, stocks mixed

Global financial markets showed mixed signals on Wednesday as oil prices edged higher amid stalled peace talks linked to the…
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