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Nigerian Midstream and Downstream Petroleum Regulatory Authority

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Dangote refinery expansion, price cuts, $5B IPO

46 clusters · 179 sources · last updated

Latest: Nigeria: PXES investment platform collapses and Dangote fuel prices rise

Since commissioning, Dangote Petroleum Refinery has reshaped Nigeria’s energy landscape, supplying approximately 80% of domestic petrol demand. The company is advancing a $5 billion initial public offering (IPO) targeted

[ACTIVE] [BUSINESS] [NG] [KE] [MA]

Nigeria advances oil and gas targets through production

17 clusters · 78 sources · last updated

Latest: Nigeria oil revenue projected to plunge 60% from 2030

Nigeria is pursuing ambitious energy targets, aiming for 3 million barrels of crude oil per day and 12 billion cubic feet of gas output daily by 2030, with a long-term goal of 4 million barrels per day. To drive this, th

[ACTIVE] [BUSINESS] [NG] [IN]

Nigeria economic trade and export trends

5 clusters · 35 sources · last updated

Latest: Nigeria targets $27bn trade rebound with India by 2027

Nigeria is experiencing shifts in its export sectors and bilateral trade dynamics. While non-oil export earnings reached a record $6.1 billion in 2025—an 11.5 percent increase from 2024—the country faces domestic supply

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Nigeria borrowing surge and Dangote refinery export growth

36 clusters · 97 sources · last updated

Latest: Dangote refinery boosts fuel exports to Europe

In the first half of 2026, Nigeria’s Debt Management Office accelerated domestic bond issuance, selling N5.08 trn of bonds—a 78% rise year-on-year—and drawing N9.04 trn in subscriptions. A record N1.20 trn auction on 20

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Nigeria LPG market supply and price volatility

3 clusters · 7 sources · last updated

Latest: Nigeria cooking gas supply hits 13-month high amid rising costs

Cooking gas prices in Nigeria initially saw a significant decline, dropping approximately 39 percent from June highs to around N1,400 per kilogram in cities like Lagos and Enugu. This trend was driven by a massive increa

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Nigeria oil output up, import tensions and refinery shifts

34 clusters · 122 sources · last updated

Latest: Dangote Refinery drives 43.94% growth in Nigeria's oil refining sector

Oil output continued to rise through 2026, with OPEC data showing 1.38 mbpd in March and reaching approximately 1.70 mbpd by May-June, exceeding the 1.5 mbpd OPEC quota. Production gains were supported by improved pipeli

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Nigeria fuel market regulation

4 clusters · 11 sources · last updated

Latest: Nigeria's NMDPRA chief warns regulatory uncertainty threatens oil investment

In late July 2026, Nigeria’s Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced plans to develop an African reference price benchmark for crude oil and refined fuels. The authority argued that a r

[QUIET] [BUSINESS] [NG]

Nigeria gas sector and LPG penetration development

4 clusters · 7 sources · last updated

Latest: Nigeria expands LPG penetration programme to Akwa Ibom

In July 2026, Nigeria moved a key step toward commercialising its indigenous floating LNG capability when UTM Offshore, Seplat Energy and the Nigerian National Petroleum Company signed a gas sales agreement for the UTM F

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