The Nigerian National Petroleum Company (NNPC) Limited is set to make a significant move in the country’s fuel industry. According to reports, the NNPC will become the initial exclusive buyer…
The ongoing fuel crisis in Nigeria is being exacerbated by the limited capacity of the nation’s national refineries, according to energy experts. Despite recent government announcements regarding the planned resumption…
The Independent Petroleum Producers Group (IPPG) has vehemently rejected recent government directives compelling them to sell crude oil to local refineries in Nigeria. The group argues that these mandates contravene…
Nigeria to Commence Crude Oil Sales in Naira from October 1 The Nigerian government is set to embark on a significant economic overhaul as it prepares to begin selling crude…
The Nigerian economy might just be on the horizon of hope after all. The recent policies and actions of the government shows a deliberate move to rejig the economy. While…
In a bold move aimed at bolstering the local economy and conserving foreign exchange, the Nigerian government has mandated the Nigerian National Petroleum Company (NNPC) to sell crude oil to…
Nigeria’s foreign exchange woes and reliance on imported refined fuels could soon be a thing of the past, according to a recent assessment by S&P Global, with the imminent full…
In a significant development for Nigeria’s energy sector, Aliko Dangote, President of the Dangote Group, announced a 600 million liter expansion of the dangote refinery storage capacity. This will bring…
CEM REPORT, ENERGY | Nigeria’s historic moment of reduced dependence on imported petroleum products is on the horizon. Dangote Refinery, Africa’s largest refining facility, is gearing up to deliver Premium…