Beginning December 1, 2025, all international passengers flying into or out of Nigeria will be required to pay an additional $11.50 levy per ticket under…

The President Bola Tinubu-led Nigerian government has constituted a committee to resolve the longstanding debt crisis plaguing Power Generation Companies (GenCos). The move, coming after…

The Dangote Refinery is expected to begin crude oil production soon, according to a report by S&P Global. The company’s upstream oil assets, Oil Mining…

The Central Bank of Nigeria has released a total of $1.259 billion to oil sector players for the importation of petroleum products and related items…

Despite an increase in refining capacity, Nigeria still imported 69% of the 21.68 billion litres of petrol consumed between August 2024 and early October 2025,…