Articles

  • 1 week ago | timeslive.co.za | Isaac Anyaogu

    16 April 2025 - 12:48 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Startup of the Dangote refinery in September, along with five smaller refineries, has significantly reduced Nigeria's gasoline imports. File photo.

  • 1 week ago | uk.marketscreener.com | Isaac Anyaogu

    LAGOS (Reuters) - Nigeria plans to establish a national strategic petroleum products stockpile this year to safeguard its economy against disruptions in the international market, the petroleum products regulator said at a press briefing on Tuesday. Farouk Ahmed, head of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said the reserve, which the country's oil law mandates, would mitigate supply shocks and enhance the nation's energy security.

  • 1 week ago | marketscreener.com | Isaac Anyaogu

    LAGOS (Reuters) - Nigeria's pension fund regulator wants to diversify investments with more focus on infrastructure and private equity, a spokesperson said on Friday, a move that could unlock a major new source of capital in Africa's most populous nation. The voluntary and privately managed Retirement Savings Account held assets of 23.26 trillion naira ($14.58 billion) as of February, with 60% of that invested in government debt and less than 10% in corporate securities.

  • 1 month ago | in.marketscreener.com | Isaac Anyaogu

    ABUJA (Reuters) - Nigeria's Trans Niger oil pipeline has been fully restored and is working normally, after it was ruptured by a blast last week, Renaissance spokesperson Tony Okonedo said on Tuesday. The Trans Niger Pipeline (TNP), with a capacity of around 450,000 barrels per day, is one of two conduits that export Bonny Light crude from Nigeria, Africa's biggest oil producer.

  • 1 month ago | timeslive.co.za | Isaac Anyaogu

    19 March 2025 - 20:14 Just R20 for the first month. Support independent journalism by subscribing to our digital news package. The decision by the 650,000-barrel-per-day Dangote refinery to price its gasoline in dollars could lead to a hike in the gasoline prices and a weakening of the naira as local fuel traders scramble for greenbacks. File photo.

Journalists covering the same region

Benjamin Alade's journalist profile photo

Benjamin Alade

Reporter at The Guardian (Nigeria)

Benjamin Alade primarily covers news in Lagos, Lagos State, Nigeria and surrounding areas.

Opeyemi Lawal's journalist profile photo

Opeyemi Lawal

Journalist at Foundation for Investigative Journalism

Opeyemi Lawal primarily covers news in Lagos, Lagos State, Nigeria and surrounding areas.

Justus Adejumoh's journalist profile photo

Justus Adejumoh

Senior Correspondent at Independent (Nigeria)

Justus Adejumoh primarily covers news in Lagos, Nigeria and surrounding areas.

Adeyinka Adeniji

Correspomdent at New Telegraph Nigeria

Adeyinka Adeniji primarily covers news in Lagos, Lagos State, Nigeria and surrounding areas.

Gbenga Salau's journalist profile photo

Gbenga Salau

Journalist at The Guardian (Nigeria)

Gbenga Salau primarily covers news in Lagos, Lagos State, Nigeria and surrounding areas.

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Isaac Anyaogu
Isaac Anyaogu @IsaacAnyaogu1
25 Mar 25

RT @realkelvin07: Interesting to note that in ‘99 SNEPCo drilled 3,000 meters in the upper Benue trough and discovered 33bn standard cubic…

Isaac Anyaogu
Isaac Anyaogu @IsaacAnyaogu1
25 Mar 25

RT @realkelvin07: @staunovo This is not good news for Oriental Oil that is one of the two main producers doing 100k barrels in Anambra, and…

Isaac Anyaogu
Isaac Anyaogu @IsaacAnyaogu1
25 Mar 25

Shell estimates global LNG demand will grow by 60% by 2040, spurred by Asia's growth, impact of AI and cuts to emissions in heavy industries and transportation. This would be cheering news for Nigeria if it can end attacks on pipelines and NNPC actually develops its fields.