Petroleum Industry
NNPC Dismisses Claims of Missing N210 Trillion as Accounting Misinterpretation
A former senior executive at Nigeria's state oil company has categorically denied claims that N210 trillion has gone missing from corporate accounts, telling...
Aliko Dangote Disputes Forbes Wealth Estimate, Claims Refinery Alone Exceeds $40 Billion
Africa's richest man has thrown down the gauntlet to Forbes Magazine, publicly disputing the publication's recent estimate that pegs his personal fortune at...
Dangote Says Fuel Import Mafia Tried to Stop 20 Billion Dollar Refinery
Africa’s richest man, Aliko Dangote, has revealed that powerful fuel importers fought hard to frustrate the establishment of the Dangote Refinery, describing them...
Nigeria’s Oil Production Rises Slightly but Remains Below OPEC Quota
Nigeria’s crude oil production recorded a slight increase in April 2026, but the country still failed to meet its production quota set by...
Nigeria Exports 55.39 Million Barrels of Crude as Dangote Refinery Faces Supply Shortage
Nigeria exported a total of 55.39 million barrels of crude oil in the first two months of 2026, even as domestic refiners, including...
Otedola Predicts Naira Could Trade Below 1000 to Dollar as Dangote Refinery Hits Full Capacity
Billionaire businessman Femi Otedola has expressed strong optimism that the naira could appreciate to trade below 1000 to the dollar before the end...
Otedola Hails Dangote as Refinery Hits 650000 Barrels Per Day Capacity
Billionaire businessman and philanthropist Femi Otedola has congratulated the President of the Dangote Group, Aliko Dangote, following the Dangote Petroleum Refinery’s attainment of...
Port Harcourt Refinery 90 Percent Ready, Could Resume Within a Week – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has revealed that the old Port Harcourt Refinery has been rehabilitated to...
Dangote Executive Honoured for Advancing Nigeria Refining Capacity
The Vice President Oil and Gas of Dangote Industries Limited, Devakumar Edwin, has been honoured with the Person of the Year award in...
NNPC Plans Equity Partnerships to Revive State Refineries as Dangote Offers Supply Relief
Nigeria’s long troubled state owned refineries with a combined capacity of 445000 barrels per day may be headed for a reset as the...
