Energy

Fuel prices soar across Africa as Iran war hits global oil supply

Fuel prices have surged across Africa as the ongoing conflict involving Iran drives global oil prices higher, raising fears of…

6 months ago

OPINION BY TEMITOPE AJAYI: How Tinubu’s policy of naira-for-crude guarantees supply security in Nigeria

By TEMITOPE AJAYI President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as…

6 months ago

Oil prices slip as Middle East conflict keeps markets on edge

Oil prices tumbled more than 3% on Wednesday, April 1, 2026, reversing earlier gains as persistent Middle East volatility ‌unnerved…

6 months ago

Oil prices rise as traders weigh Iran de-escalation report

Oil prices were little changed on Tuesday, March 31, 2026, as investors weighed the possibility of United States President Donald…

6 months ago

Dangote refinery fails to curb record fuel prices amid Middle East war

Fuel prices in Nigeria have surged to record highs despite full operations at the Dangote Petroleum Refinery, as global energy…

6 months ago

Oil prices head for record monthly rise as Middle East conflict escalates

Oil prices extended gains on Monday, March 30, 2026, with ​Brent headed for a record monthly rise, after Yemeni Houthis…

6 months ago

NNPC targets $60bn investment, 600tcf gas reserves

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced an ambitious plan to grow the nation’s gas reserves from…

6 months ago

Oil prices set for steepest weekly fall in 6 months

Oil prices fell on Friday, March 27, 2026, and were on track for the steepest weekly decline in six months…

6 months ago

Dangote refinery reduces ex-gantry petrol price

Dangote Petroleum Refinery has announced a reduction in its petrol price, lowering the ex-gantry rate to N1,200 per litre from…

6 months ago

Oil prices rise as investors review Middle East ceasefire prospects

Oil prices rose about 2% on Thursday, March 26, 2026, clawing back losses ‌from the previous session on concerns that…

6 months ago

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