Nigerians may face higher transport fares and food prices following Dangote Petroleum Refinery’s latest increase in the price of Premium Motor Spirit (PMS), popularly known as petrol. The refinery raised…
Global Markets – September 10, 2026 DDNewsOnline – Business Global stock markets are facing fresh pressure as crude oil prices rise above $100 per barrel, raising concerns about inflation, business…
Global Markets – September 10, 2026 DDNewsOnline – Business Brent crude oil prices have risen above $100 per barrel, raising concerns about higher fuel costs and inflation across the global…
DDNewsOnline – Lagos July 13, 2026 The Federal Government has disclosed that 13 of the 50 oil and gas blocks offered under the 2025 Licensing Round will be returned to…
The Supreme Court of Nigeria on Friday set aside a decision of the Court of Appeal ordering the seizure and sale of crude oil aboard the FPSO Tamara Tokoni, a…
Former Ogun State Governor, Otunba Gbenga Daniel, has declared that the recent recognition of Ogun State as a frontier state for oil exploration by the Nigerian National Petroleum Company Limited…
Global oil prices climbed sharply on Monday as renewed tensions in the Middle East increased fears of possible disruptions to global energy supply. Investors are becoming increasingly concerned that continued…
Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel (Jet A1) from N1,750 to N1,650 per litre in a significant move aimed at easing cost pressures on…
The United Arab Emirates has temporarily suspended operations at the Ruwais Refinery, one of the world’s largest crude oil processing facilities, after a drone strike ignited a fire in the…
Dangote Petroleum Refinery and Petrochemicals has announced a significant reduction in the ex-depot prices of Premium Motor Spirit (PMS/petrol) and Automotive Gas Oil (AGO/diesel), offering immediate relief to Nigerian motorists…
