Dangote Petroleum Refinery has filed a fresh lawsuit against the Nigerian government, seeking to nullify recent fuel import licences issued to the Nigerian National Petroleum Company (NNPC) and other marketers. The case filed against the Attorney General of the Federation at the Federal High Court in Lagos has reignited fresh tension in the downstream petroleum …
Petrol imports into Nigeria dropped by 37.3 per cent from 5.9 million litres per day in March to 3.7 million litres per day in April 2026. This comes as local refineries led by Dangote Refinery continued dominance of the domestic market, rising this time to 91.7 percent share of the market. This is according …
Pioneer Airline, owned by the Bayelsa State government, has received its Air Operator Certificate (AOC) from the Nigeria Civil Aviation Authority (NCAA), officially authorizing it to begin commercial flight operations. The AOC, presented on May 13, 2026, is a major regulatory milestone that confirms the airline has met all necessary safety and operational standards to …
The fresh move for rehabilitation of the Warri and Port Harcourt refineries has sparked reactions as industry stakeholders, policy observers, and civil society groups expressed doubt about the success of the exercise. They have called for a comprehensive audit of billions of dollars spent on past repairs before the Nigerian government proceeds with a new deal …
Nigeria’s oil output rose to 1.663 million barrels per day (bpd) in April, representing a 7.58 per cent increase from 1.546 bpd recorded in March 2026. According to data released on Tuesday by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), crude oil production alone averaged 1.488 million bpd in April, achieving 99.2 per cent of …
Nigeria’s aviation sector is once again being gripped by a crisis of aviation fuel, forcing domestic airlines to cut routes and reduce flight frequencies. This is as operators struggle with costs that have surged by over 300 per cent since February 2026, causing them rounds of flight disruptions and delays. Across the country’s major airports, …
For decades, Nigeria’s Bilateral Air Service Agreements (BASA) were designed to encourage reciprocal airline operations and boost connectivity between countries. However, many Nigerian airlines have struggled over the years to benefit from these agreements, while foreign carriers continue to dominate international routes in and out of the country. BASAs are agreements between one government and …
Rano Air has announced temporary suspension of flights on some of its routes due to the high cost of Jet A1 aviation fuel. In a statement released on Friday, via its X handle, the airline said the spike in aviation fuel in the last two months has significantly impacted its operations, making it commercially unsustainable …
For decades, Nigeria’s economy has largely revolved around crude oil revenues, leaving the country vulnerable to global oil price shocks, foreign exchange volatility, and rising unemployment. Despite its vast arable land, large population, and abundant natural resources, experts say the nation has yet to fully harness the potential of agriculture and other non-oil sectors to …
Moving beyond oil refining, petrochemicals, and fertilizer production, Africa’s richest man, Aliko Dangote, has revealed an ambitious plan to enter the electricity sector, targeting a power project capable of generating 20,000 Megawatts (MW). The African industrialist confirmed this new plan during an interview with the Managing Director of the International Finance Corporation (IFC), Makhtar Diop. …
