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Makinde: Abducted Oyo pupils, teachers still held in Old Oyo National Park

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2023 Nigerian gubernatorial elections

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2023 Nigerian gubernatorial elections

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Read more about the article AGPC MD seeks stability, infrastructure to boost domestic gas

AGPC MD seeks stability, infrastructure to boost domestic gas

  • Post author:Newspread
  • Post published:June 9, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

The Managing Director of ANOH Gas Processing Company (AGPC), Mr. James Makinde, has called for reforms in Nigeria’s domestic gas sector, stating that regulatory stability, infrastructure development, and contract sanctity…

Continue ReadingAGPC MD seeks stability, infrastructure to boost domestic gas
Read more about the article Dangote Refinery slashes petrol price to N1,250/litre

Dangote Refinery slashes petrol price to N1,250/litre

  • Post author:Newspread
  • Post published:May 30, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

Dangote Petroleum Refinery has reduced its petrol gantry price by N25 per litre, lowering the rate from N1,275 to N1,250 per litre amid a decline in global crude oil prices.…

Continue ReadingDangote Refinery slashes petrol price to N1,250/litre
Read more about the article Otedola to invest ₦137.22bn in Dangote Refinery

Otedola to invest ₦137.22bn in Dangote Refinery

  • Post author:Newspread
  • Post published:May 20, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

Billionaire businessman Femi Otedola has announced plans to invest $100 million (approx. ₦138 billion) in the Dangote refinery ahead of its planned initial public offering (IPO). Otedola disclosed this on…

Continue ReadingOtedola to invest ₦137.22bn in Dangote Refinery
Read more about the article Few months after appointment, Tinubu sacks NMDPRA boss, picks new CEO

Few months after appointment, Tinubu sacks NMDPRA boss, picks new CEO

  • Post author:Newspread
  • Post published:April 29, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

President Bola Tinubu has removed Mr Saidu Mohammed as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in what the Presidency described as a decision taken…

Continue ReadingFew months after appointment, Tinubu sacks NMDPRA boss, picks new CEO
Read more about the article FG panel proposes adding aviation fuel to naira-for-crude scheme

FG panel proposes adding aviation fuel to naira-for-crude scheme

  • Post author:Newspread
  • Post published:April 27, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

A federal government technical committee has recommended the inclusion of aviation fuel, also known as Jet A1, in the naira-for-crude initiative as part of efforts to stabilise supply and reduce…

Continue ReadingFG panel proposes adding aviation fuel to naira-for-crude scheme
Read more about the article FG defends OPL 245 resolution, accuses Atiku of self-interest

FG defends OPL 245 resolution, accuses Atiku of self-interest

  • Post author:Newspread
  • Post published:March 25, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has defended the Federal Government’s resolution of the long-standing dispute over OPL 245, describing it as a landmark…

Continue ReadingFG defends OPL 245 resolution, accuses Atiku of self-interest
Read more about the article Tinubu sets up task force to drive petroleum sector reforms

Tinubu sets up task force to drive petroleum sector reforms

  • Post author:Newspread
  • Post published:March 13, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

President Bola Tinubu has approved the establishment of a Presidential Petroleum Reform and Value Optimisation Taskforce to design and coordinate the next phase of structural reforms in Nigeria’s petroleum sector.…

Continue ReadingTinubu sets up task force to drive petroleum sector reforms
Read more about the article Electricity supply may worsen as gas firms warn of shutdown over ₦6trn debt

Electricity supply may worsen as gas firms warn of shutdown over ₦6trn debt

  • Post author:Newspread
  • Post published:March 12, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

Nigeria’s power situation may deteriorate further as gas suppliers threaten to halt supply to thermal power plants over mounting debts owed by power generation companies (GenCos). A source at the…

Continue ReadingElectricity supply may worsen as gas firms warn of shutdown over ₦6trn debt
Read more about the article FG won’t fix petrol prices despite Middle East oil shock — Edun

FG won’t fix petrol prices despite Middle East oil shock — Edun

  • Post author:Newspread
  • Post published:March 12, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

The federal government has ruled out intervening to regulate petrol prices despite rising volatility in global oil markets triggered by the ongoing Middle East conflict. The Minister of Finance and…

Continue ReadingFG won’t fix petrol prices despite Middle East oil shock — Edun
Read more about the article Dangote Refinery: 47 government agencies add costs to petrol price

Dangote Refinery: 47 government agencies add costs to petrol price

  • Post author:Newspread
  • Post published:March 10, 2026
  • Post category:Business/Oil & Gas
  • Post comments:0 Comments

The managing director of the Dangote Refinery, David Bird, says the facility incurs charges from 47 government agencies, which contribute to the final pump price of petrol in Nigeria. Speaking…

Continue ReadingDangote Refinery: 47 government agencies add costs to petrol price
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