Oil & Gas

Nigeria’s Petrol Imports Rise Again as Domestic Refinery Supply Falters

The July figure represents an 8.8 percent month-on-month increase and a 233.9 percent jump from May, when imports accounted for only 12.4 percent of total recorded petrol receipts.

Why Local Refining Alone Cannot Fully Stabilise Nigeria’s Fuel Prices

April 05, (THEWILL) — For many Nigerians, fuel prices are not just numbers; they shape everyday life. A change at the pump quickly reflects in transport fares, food prices and the overall cost of living. This is why recent...

Oil Reform Taskforce: Unsolicited Memo from Concerned Nigerian

March 30, (THEWILL) — It remains undisputable that Nigeria is a mono-product economy; having crude oil (and some gas) as the mainstay of its economy for several decades. Consequently, the fate of its economy is intricately tied to the...

Dangote Refinery and the Tyranny of Middlemen

March 29, (THEWILL) — Let me begin with a caveat: no economy is completely insulated from global geopolitical tensions. While the Dangote Refinery reduces import dependence, it cannot fully shield domestic fuel prices from international market shocks. The refinery...
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Latest News

Ben Shelton Calls for Major Tennis Rule Change After US Open Final Defeat to Alexander Zverev

Ben Shelton has called for tennis authorities to reconsider the rules governing second-serve timing after his US Open final defeat to Alexander Zverev.
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