FG issues fresh petrol import permits for Q3 2026
The Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, has approved fresh imports of petrol…
Petrol Imports Crash by N2tn in Q1 2026
Nigeria’s spending on the importation of Premium Motor Spirit, popularly known as petrol, plunged by over 96 per…
Afreximbank funds 3 new Nigeria refineries to cut imports
The Senior Executive Vice President of African Export-Import Bank, Mr Denys Denya, has said the bank is financing…
World Bank clarifies stance on Nigeria fuel imports
The World Bank Group has clarified its position on fuel imports in Nigeria following backlash over recommendations contained…
African Nations Turn to Dangote for Reliable Fuel Supply
Dangote Petroleum Refinery and Petrochemicals has rapidly transformed from a massive industrial project into a critical ‘fuel lifeline’…
African Nations Seek Fuel from Dangote Refinery Amid Crisis
Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions…
Petrol price surge in Nigeria sparks calls for relief
There is pressure on the Federal Government to introduce economic relief measures as the escalating conflict between the…
Nigeria’s oil imports from the US surge to 42m barrels
Nigeria sharply increased its crude oil purchases from the United States in 2025, importing a total of 42.13…