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Tuesday, May 5, 2026
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CATEGORY

Energy

Transcorp Valuation Hits ‘Attractive’ Sweet Spot with ₦16.25bn Dividend Lure

Transnational Corporation (“Transcorp”) has emerged as a high-conviction "Value" play on the Nigerian Exchange (NGX), as its market valuation decouples from the broader conglomerate...

NNPC Doubles Crude Supply to Dangote Refinery in March

As the fallout from the U.S.-Israel-Iran war continues to throttle global fuel supplies, Nigeria has aggressively moved to fortify its domestic energy security. Billionaire Aliko...

Dangote Group Plots $40bn Growth Drive to Gain Global Energy Dominance, Quadruple Fertilizer Output

The Dangote Group has unveiled an audacious five-year growth strategy requiring $40 billion in fresh investment, according to the African Export-Import Bank (Afreximbank). This massive...

Dangote Refinery Affirms PMS Price Stability, Says ‘No Increase’

Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the...

FX Swing Lifts Eterna as Earnings Rise Despite 61% Gross Profit Crash

Eterna Plc has delivered a resilient 2025 fiscal performance, navigating a sharp decline in its core marketing margins through a dramatic turnaround in foreign...

Dangote Refinery Diesel Exports Surge to 50,000bpd as Global War Premium Rises

After hitting a two-year low in early 2026, Dangote Petroleum Refinery's diesel exports have staged a massive rebound in March, now averaging 50,000 barrels...

Transgrid, DEL Launch Lagos Electricity Upgrade Plan

Transgrid Enerco Limited and Decentralised Energy Limited have sealed a strategic collaboration to deploy integrated energy solutions across Lagos. The move backed by InfraCredit’s credit...

Dangote Refinery Inks $4 Billion Financing Deal For Expansion From Afrexim, Access Bank

Dangote Petroleum Refinery announced a landmark $4 billion financing agreement to accelerate its expansion into the fuel and petrochemical sectors. This strategic capital injection, led...

Sahara Power Group Named to Mission 300 to Accelerate Electricity Access for 300 million Africans by 2030

Sahara Power Group has joined the Mission 300 Private Sector Council, a high-level platform announced by the World Bank Group, the African Development Bank...

Dangote Refinery Receives Only 30% of Promised Nigerian Crude

...NNPC Eyes Two Major FIDs as Nigeria Chases 2m bpd Goal While the Dangote Petroleum Refinery has reached its full 650,000 barrels per day (bpd)...

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