Oil & Gas
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Dangote Refinery IPO: Is This IPO Halal? Testing the Offer Against Its Numbers
Feyi Fawehinmi separates the industrial significance of the Dangote Petroleum Refinery from the investment case presented to prospective shareholders at…
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Oil Rallies, Stocks Slide as U.S. Strikes Iranian Sites in Strait of Hormuz
Wall Street ended August on a cautious note Monday as the U.S. launched its first military action in a month…
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Oando PLC H1’26: Cash is Back, But Can the Balance Sheet Catch Up?
For a company that has spent years fighting fires on multiple fronts, Oando PLC’s half-year results to June 2026 read…
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$100 Oil: A Mixed Blessing for Nigeria as Trump’s ‘Economic D-Day’ Pushes Brent Higher
For Nigeria, oil nearing US$100 is both relief and risk. Brent ended last week around US$94 per barrel after President…
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Aradel’s growth comes with a heavy bill
Aradel Holdings closed the first half of 2026 as one of the fastest-growing energy companies in Nigeria. Revenue was up…
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Aradel’s H1 2026: Scale Delivered, Efficiency Still a Work in Progress
Energized, but not yet efficient. Aradel Holdings Plc walked into the first half of 2026 as Nigeria’s leading integrated indigenous…
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Oando’s Cashflow Recovery Masks a ₦530 Billion Equity Deficit
Oando Plc’s H1 2026 results tell two stories at once. On the surface there is relief. Operating cashflow has turned…
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Seplat Turns Price Boom Into Balance Sheet Power As It Faces Volume And Security Headwinds
Seplat Turns Price Boom Into Balance Sheet Power As It Faces Volume And Security Headwinds Seplat Energy has delivered its…
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Dangote Refinery completes landmark $2.5billion private Equity Placement
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion…
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Oil Near $100 Again: Why a Middle East Fight Is Hitting Nigerian Markets
Crude is climbing fast and nerves are climbing faster. On July 23, Brent traded at $98.47 per barrel and WTI…
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