The Securities and Exchange Commission (SEC) has explained why it directed capital market operators to immediately refund funds collected from investors in connection with a purported Initial Public Offering (IPO) by Dangote Petroleum Refinery & Petrochemicals FZE.

In a public notice issued on...

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Dangote Petroleum Refinery has strongly dismissed allegations that its petroleum products are exported to Lomé, Togo, and later re-imported into Nigeria, describing the claims as a “tissue of lies” and lacking both factual and commercial basis.

In a statement released by its management on June...

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pointed fingers at marketers for charging non-cost reflective prices, which has pushed liquefied petroleum gas (LPG) prices as high as N2,100 per kilogram.

The authority disclosed this in a presentation delivered by...

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France has confirmed its first-ever case of Ebola virus disease, triggering concern across Europe as health authorities move swiftly to contain the deadly infection.

The French Health Ministry announced on Wednesday that a doctor returning from the Democratic Republic of Congo (DRC), which is...

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has observed with concern that Chevron Nigeria Limited (CNL) exported 148,222 metric tonnes of Liquefied Petroleum Gas (LPG) between January and May 2026, which is its entire production during the period under review.

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