Energy Sector

26 Articles
Economy

Nigerians Face Steep Petrol Price Hikes as Retail Rates Outpace Crude Oil Increases

Nigerians are grappling with sharp increases in petrol prices, as marketers have raised pump prices far above the corresponding rise in international crude...

Economy

Dangote Refinery Increases Petrol Price Amid Commitment to Market ility

Dangote Petroleum Refinery and Petrochemicals has raised the ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, from N699 per litre...

Economy

Nigerians Spent N1.58tn on Petrol During Yuletide — Report

Nigerians spent an estimated N1.58 trillion on petrol in December 2025, reflecting heightened fuel consumption during the Yuletide period, according to official data...

Economy

RMB Advises Helios on Sale of 75% Stake in Axxela to BlueCore

Rand Merchant Bank (RMB) has announced that it acted as the Exclusive Financial Adviser to Helios Investment Partners on the completed sale of...

Economy

Crude Oil Surge May Push Petrol and sel Prices Higher in Nigeria

Fuel consumers in Nigeria may soon face higher pump prices as global crude oil prices climb above $66 per barrel, with industry experts...

Economy

Aradel Holdings Records 10 Million Man-Hours Without Lost-Time Injury

Aradel Holdings Plc has achieved a major safety milestone, recording 10 million man-hours without a lost-time injury (LTI) across its operations as of...