Nigeria’s NNPC secured a $4.5 billion loan backed by daily crude oil output to bolster foreign-exchange reserves and fund infrastructure priorities. The deal was approved by the National Economic Coun
bloomberg · 2026-08-04 01:28
Nigeria's gasoline imports more than tripled in June as the Dangote Refinery prioritized exports due to foreign exchange shortages and unreliable crude supply from the state-owned NNPC.
bloomberg · 2026-07-22 04:18
West African leaders endorsed a $25 billion gas pipeline linking Nigeria to Morocco and Europe, targeting 30 billion cubic meters annual capacity amidst shifting global energy markets. The agreement p
bloomberg · 2026-07-20 01:34
UTM Offshore secured a 15-year gas supply deal with NNPC and Seplat, clearing a hurdle for its $3 billion floating LNG project. Final investment decision is expected in Q4 2026 for the 1.8 million ton
reuters · 2026-07-07 09:05
Dangote Petroleum Refinery sued Nigeria to overturn fuel import licenses issued to traders and NNPC, claiming they breach court orders. The filing underscores market tensions as Dangote aims to reduce
reuters · 2026-05-15 04:17