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Recent Blogs
Jul
30
Petrol Depot Prices Fall as Competition Heats Up
Petrol depot prices eased across Nigeria’s main supply hubs as marketers implemented fresh cuts, with depots in Lagos, Warri, Calabar and Port Harcourt either lowering or holding rates and none recording an increase. In Lagos, Dangote Petroleum Refinery held its ex-depot price at ₦1,216 per litre, the lowest among major suppliers, with Pinnacle matching it […]
Jul
30
Atiku to Tinubu: Wrestle With Your Failures, Not Opponents
Former Vice President and African Democratic Congress presidential candidate Atiku Abubakar has urged President Bola Tinubu to focus on the record of his administration rather than on political confrontation. Speaking through his senior special assistant on public communication, Phrank Shaibu, Atiku responded to the President’s declaration that he would wrestle his opponents to the finish, […]
Jul
30
Nigeria’s Oil Revenue and Output at Risk as ExxonMobil Declares Force Majeure
Esso Exploration and Production Nigeria Limited, an ExxonMobil affiliate, has declared force majeure after equipment damage at the floating buoy serving the Erha FPSO export facility. The Erha deepwater field sits on OML 133 roughly 100 kilometres offshore in the western Niger Delta and produces around 200,000 barrels per day, making it one of the […]