[Vanguard] Foremost industrialist, Alhaji Aliko Dangote, has warned that Middle-East tensions driving global oil volatility could have far-reaching consequences for Nigeria and African economies.
Author Archive for: AllAfrica News: Petroleum
Entries by AllAfrica News: Petroleum
[263Chat] Finance Minister and Economic Development Minister, Mthuli Ncube says the government is taking measures to ensure a steady supply of fuel while working to keep prices affordable.
[Daily Trust] Nigeria exported crude oil worth N47.43trn in the 12 months of 2025, analysis of trade statistics by the National Bureau of Statistics (NBS) has shown.
[This Day] Abuja -- Nigeria recorded a combined crude oil and condensate production shortfall of about 16.6 million barrels in January and February of 2026, according to a THISDAY analysis of data released by the Nigerian Upstream Petroleum Regulatory ...
[Leadership] Petrol prices at major filling stations across Nigeria have surged to as high as N1,320 per litre in Lagos and around N1,450 per litre in Abuja, following a fresh increase in the ex-depot (gantry) price from the Dangote Petroleum Refinery.
[This Day] The federal government has set up a new team to fix key problems in Nigeria's petroleum sector. President Bola Tinubu has appointed Fola Adeola, a co-founder of Guaranty Trust Bank, to lead this effort.
[Vanguard] Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more ...
[Leadership] The Nigerian Navy troops operating under Operation DELTA SENTINEL have intercepted a large consignment of illegally refined petroleum products and arrested eight suspected oil thieves in the Degema/Ogbogoro/Ogbologo general areas of Rivers...
[Leadership] Chika Izuora, Bukola Idowu, Olushola Bello, Andrew -- With the pump price of petrol nearing N1,500 per litre amid Middle East tensions, labour unions, economists, manufacturers, and civil society groups have called for urgent government pa...
[Leadership] The Socio-Economic Rights and Accountability Project (SERAP) has urged Senate President Godswill Akpabio to instruct the Public Accounts Committee to disclose the names and titles of all officials linked to the alleged missing N200 trillio...
