In a fresh escalation of the ongoing tension in Nigeria’s petroleum sector, the Nigerian National Petroleum Company Limited has accused the Dangote Petroleum Refinery of attempting to establish monopoly control…
President Bola Tinubu has called for urgent reforms in the global financial architecture, asserting that the current system undermines Africa’s industrialisation efforts and economic development. Speaking at the Africa Forward…
Nigeria’s oil revenue is facing fresh uncertainty following the United Arab Emirates’ surprise decision to exit the Organisation of Petroleum Exporting Countries. The development has raised serious concerns among energy…
The international aviation industry is facing a critical turning point as the International Energy Agency provides a sobering assessment regarding the availability and pricing of jet fuel. According to Willie…
President of the Dangote Group and Africa’s richest man Aliko Dangote has expressed fresh concerns over the rising instability in the global oil market triggered by the ongoing crisis in…
US President Donald Trump has issued a stern 48 hour ultimatum to Iran, warning that failure to fully reopen the Strait of Hormuz without any threats to navigation will trigger…
Nigeria has emerged as the country with the steepest surge in petrol pump prices worldwide following the escalation of conflict in the Middle East involving Iran, the United States, and…
President Bola Ahmed Tinubu and First Lady Senator Oluremi Tinubu have returned to Lagos following a successful two-day historic state visit to the United Kingdom. The visit, which marked the…
European Union leaders have firmly rejected calls from United States President Donald Trump for military assistance to secure freedom of navigation in the Strait of Hormuz as the ongoing US…
Global oil prices have surged past the psychologically significant $100 per barrel mark amid escalating conflict in the Middle East particularly the intensifying war involving Iran US and Israel forces.…
