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Dangote Refinery Hits 94% Utilization as Africa Eyes 2030 Energy Independence

The African refining landscape is undergoing a massive structural shift, led by Nigeria's Dangote Refinery, which achieved a staggering 94% capacity utilization in March...

Why Aradel and Seplat Investors Are Seeing Paper Gains But Little Cash

The Nigerian oil and gas sector is currently caught in a valuation tug-of-war. While Aradel Holdings, Seplat Energy, and Oando are riding a wave...

How Dangote is Redefining Fuel Security from Lagos to Dar es Salaam

In a historic milestone for African industrialization, the Dangote Petroleum Refinery has officially reached its full nameplate capacity of 650,000 barrels per day (bpd). Leveraging...

Nigeria Halts Petrol Imports as Dangote Refinery Meets 92% of Demand

Nigeria halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called...

Conflict Resolution on OPL 245 to Unlock Deep Water Investment

President Bola Tinubu who is always ahead of the curve has announced historic resolution of the OPL 245 Dispute, which will unlock Major Deepwater...

Saudi Oil Refinery Halts Operations After Drone Attack

Saudi Arabia’s state oil company Saudi Aramco halted operations at its Ras Tanura refinery as a precautionary measure after an Iranian drone hit an...

AIICO Insurance Solvency Hits 331% as Capital Buffer Nears ₦46bn

AIICO Insurance Plc, Nigeria’s leading composite insurer, is entering 2026 from a position of overwhelming financial strength, reporting a 331% solvency margin despite a...

Power Play: FG Raises ₦501bn Bond to Extinguish GenCo Debt Backlog

The Federal Government on Tuesday said it is set to pay down outstanding power generation companies (GenCos) backlog of debts following a successful N501.02...

Why Analysts See a “Super Glut” Capping Seplat and Aradel Upside

Market sentiment for Nigeria’s upstream energy giants, Seplat Energy and Aradel Holdings, is shifting toward a "cautious" outlook for 2026. Despite a stellar 2025, analysts...

Sahara Group Calls for Bold Human Capital Strategies in Africa’s Energy Sector

Sahara Group, a leading energy and infrastructure conglomerate, has emphasized that deliberate and innovative human capital strategies are pivotal to positioning Africa’s energy sector for sustainable growth...

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