“Only a contestable market can protect Nigeria from Middle East–driven volatility” – Nwakwue at MEMAN/S&P webinar
... warns against concentration risk "...government must closely monitor prices and be…
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
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OIL AND GAS
Ember months: LagRide, CIG Group launch bank-backed leasing scheme to deploy 10,000 drivers in Lagos
... LagRide introduces electric vehicles, as Lagos cuts carbon emissions ... drivers…
NNPCL commissions 5.2 mmscfd CNG plant in Lagos, finalises FID with Axxela to establish 5 more
.. unveils plan to establish over 100 CNG stations nationwide Oredola…
Alebiosu, MD/CEO First Bank, seeks reintroduction of development financing framework for oil, gas players
...says Nigeria’s high interest rates to oil companies are driven by inflation,…
MEMAN unveils multi-stakeholder initiative to tackle root causes of petroleum tanker explosions
... stakeholders embark on comprehensive measures to enhance petroleum tanker safety ...…
Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply
Oredola Adeola Lagos State Governor Babajide Sanwo-Olu has signed the Lagos…
NAICE 2024: Ministry of Petroleum Resources advocates for technological advancement in Nigeria’s midstream, downstream petroleum sectors
Thelma Tokunbo Amb. Nicholas Ella, Permanent Secretary of the Ministry of Petroleum…
NERC unbundles TCN, as Nigeria ISO assumes market control, system operations
.. BPE, MOFI emerge as NISO shareholders ... TCN to focus on…
NLNG says Africa’s emerging LNG frontiers hold 45 MTPA potential
...urges continent to focus on value addition in global LNG trade, not…
RENEWABLES
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
Missed opportunities in power financing: AVM (Rtd) Iyamu bemoans underutilized carbon trading in Nigeria
... how carbon credits, carbon offsets could be used to close electricity…
REA secures $700,000 ECOWAS grant to power 15 health centres, schools with Solar in FCT, Niger, Nasarawa
...seals MoU with Niger State to unlock ECOWAS funding for solar infrastructure…
REA, Republic of Korea commissions 1MW clean energy to Rubochi, Ikwa communities in Abuja
...powering 2,500 households in Rubochi with 900 kWp, 300 homes in…
Don't Miss
25 out of 79 field development plans approved are for non-associated gas projects – NUPRC reveals
reveals Nigeria’s gas reserves life index hits 92.7 years, reflecting strong long-term…
Continental Hotels Group launches Continental Hotels Training Academy for Nigerian Universities
...kicks off with UNILAG, plans expansion to other universities to address skill…
FG, USAID sign N115.2bn MoU to support power sector reform, clean energy transition
"This collaboration may assist in Nigeria to surpass target of 6000MW by…
CSR as a Post-COVID economic stimulus in Nigeria’s multinationals: A study of MTN Nigeria
Author: Afeez Olawoyin The COVID-19 pandemic created unprecedented disruptions across global economies,…
POWER... GENERATION, TRANSMISSION AND DISTRIBUTION
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
GenCos raise alarm as generation varies from 3,480MW to 4,130MW
... frequency hits 51.67–49.03Hz, voltage swings 348–293kV “We are losing money and…
Adelabu set to exit Power Ministry on or before March 31
... as Tinubu orders appointees seeking nomination for elective office to resign…
Ventura Logistics draws ₦7.4bn from REA-Lotus Bank ₦100bn for Ebonyi 7MW mini-grid project
... to power 30,000 households in Okposi, Unwana, Afikpo communities Oredola…
MARITIME
NNPC FY 2025 result: Revenue up +34.3% from FY 2024 to N60.52 trn, profit after tax climbs to N5.76 trn
... strong operations under Ojulari drive 1.54 mmbopd crude oil, 6,914 mmscf/d gas production…
MEMAN warns 15% tariff on imported petrol, diesel could push pump prices above ₦1,000/L
Isong says new fuel import tariff is regressive, will hurt low-income Nigerians,…
OTL Africa Downstream 2025: Industry leaders to spotlight sustainability, carbon capture, cost efficiency under full deregulation
"Nigeria committed to optimizing oil, gas resources through sustainable practices...as filling stations…
Dangote refinery exports 1.1bn litres of petrol in 99 days (June–early September) — Aliko Dangote
… rolls out 1,000 CNG-powered trucks, targeting petrol sales at the same…
SOLID MINERAL RESOURCES
Aiyedatiwa urges geoscientists, investors to tap into Ondo’s 42 bn-ton bitumen reserve- second largest globally
...says Ondo hosts Nigeria’s largest methanol plant, assures supportive environment for oil,…
Chagoury group targets Kaduna’s contested lithium project, as UK-registered firm, Jupiter disputes FG’s revocation
Ibukunbayo Akinnubi The Chagoury Group, through its affiliate Atlantic Mining Techniques, led…
Kachikwu proposes expanding NCI Fund from $450m to $1bn through operators, investors contributions
... calls for enforcement to make pipeline contractors invest locally, build JV…
Fatona, Falade, others to chart safety, sustainability, energy solutions at 17th PSRG-Richardson HSSE forum in Lagos
Oredola Adeola Dr. Layi Fatona, Chairman of Renaissance Africa Energy Company, and…
Latest News
Cooking gas market shifts: NLNG, Dangote, others supply 85% as imports drop to 15% in Feb. 2026
...consumption drops 17% as retail prices remain stable: Jan ₦950–₦1,550/kg vs Feb…
“Only a contestable market can protect Nigeria from Middle East–driven volatility” – Nwakwue at MEMAN/S&P webinar
... warns against concentration risk "...government must closely monitor prices and be…
India, Nigeria show the way to electrifying the global south
By Abba Aliyu, Manoj Sinha and Woochong Um Since the turn…
S&P Global, MEMAN warn Nigeria on energy risks, urge reserves, supply diversification
Actions taken now will shape West Africa’s energy trajectory for years to…
GenCos raise alarm as generation varies from 3,480MW to 4,130MW
... frequency hits 51.67–49.03Hz, voltage swings 348–293kV “We are losing money and…
Adelabu set to exit Power Ministry on or before March 31
... as Tinubu orders appointees seeking nomination for elective office to resign…
Middle East Crisis: What it means for oil-rich but refining-poor African economies
By Adewale Sanyaolu Rising tensions in the Middle East have once again…
NLNG expands empowerment initiative, VIBES, with induction of 103 trainees
... as 26 beneficiaries from previous cohort complete training, graduate, receive grant…