Thursday, September 24, 2026
Seplat Energy grows Q1 2026 revenue to $840.7m, gross profit hits $370.5m
• PAT rises by 62.7% to $37.9m • Declares US9.0 cents dividend per share, up by 96% YoY Seplat Energy...
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Middle East crisis threatens 15% cut in global LNG supply
Escalating geopolitical tensions in the Middle East are set to significantly disrupt global liquefied natural gas (LNG) markets, with analysts...
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Oil trades higher on reports of potential US strike on Iran
Global oil markets rallied on Thursday, with benchmark crude prices rising amid escalating geopolitical tensions involving the United States and...
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Gold rally lifts demand value to record $193bn as investors outpace jewellery buyers
Global gold markets delivered a record-breaking start to 2026, as rising prices and heightened geopolitical tensions pushed the total value...
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Dangote Refinery raises petrol price by N7 to N1,275 on higher feedstock costs
Dangote Refinery has raised the ex-depot price of Premium Motor Spirit (PMS) by N75 per litre to N1,275, intensifying pressure...
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UAE withdraws from OPEC amid global energy crisis
The United Arab Emirates has announced its withdrawal from OPEC and the OPEC+, marking a significant rupture in the global...
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BP cashes in on oil shock as profits double to $3.2bn
Global energy major BP has reported a significant rise in first-quarter earnings, with profits more than doubling to $3.2bn (£2.4bn),...
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Analysts weigh Nigeria’s bet on Oyedele fiscal reset of economy
In sovereign economics, not all appointments are created equal. While many are treated as routine political reshuffles, some are read...
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UBA builds N4.25trn capital base to fuel lending expansion across Africa
United Bank for Africa (UBA) has strengthened its capital position to N4.25 trillion, laying the foundation for an accelerated lending...
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Aliko Dangote unveils new refinery project in Tanzania
Aliko Dangote is accelerating his push to reshape Africa’s energy landscape, unveiling plans to build a new oil refinery in...
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