[Vanguard] The Organization of the Petroleum Exporting Countries, OPEC, has said that Nigeria's oil output increased marginally to 1.489 million bpd in April 2026 from 1.383 million bpd in March 2026, based on data obtained through direct communication.
[Capital FM] Nairobi -- Energy Cabinet Secretary Opiyo Wandayi has blamed the ongoing crisis in the Middle East for the latest increase in fuel prices in Kenya, saying global market disruptions have sharply pushed up petroleum import costs.
[Premium Times] Nigeria's average daily crude oil and condensate production rose to 1.66 million barrels per day in April 2026, driven largely by stronger output from Bonny, Forcados and Bonga terminals, bringing the country to 99 per cent of its OPEC production quota.
[Capital FM] Nairobi -- The government has defended the latest increase in fuel prices, attributing the sharp rise in pump costs to volatility in global oil markets driven by the ongoing Middle East conflict, even as businesses and consumers brace for higher transport and production costs.
[Capital FM] Speaking to Capital in the Morning, motorists, traders and commuters said the sharp rise in petrol and diesel prices will directly affect transport costs, food prices and daily household expenses.
[Premium Times] Aliko Dangote says he opposed moves by NNPC Limited to increase its stake in the $20 billion Dangote Petroleum Refinery, insisting the company's strategy is to broaden ownership and attract more investors rather than concentrate control in one institution.
[Premium Times] President of the group, Aliko Dangote, disclosed this during a recent interview with Nicolai Tangen, chief executive officer of the Norwegian Sovereign Wealth Fund.
[Premium Times] Mr Dangote said small groups profited from local product allocations under the subsidy regime and that subsidy payments alone reached nearly $10 billion annually.
[Vanguard] Africa's richest man and President of the Dangote Group, Aliko Dangote, has alleged that some influential fuel importers fought hard to frustrate the establishment of the $20 billion refinery.
[Capital FM] In its latest monthly review published on Thursday, EPRA said the price of Super Petrol will rise by Sh16.65 per litre while Diesel will increase by Sh46.29 per litre. Kerosene prices will remain unchanged during the review period.
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