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DownstreamMidstreamNewsOilUpstream

Nigeria’s economy at risk as crude oil dips below $60 amid OPEC+ surge, big oil supply glut

Professor Iledare forecasts potential budget deficit, sees rising debt exposure amid oil-for-debt commitments Dr. Oni says increased borrowing is likely, raising the debt burden, and repayment risks Damcida foresees Naira…

Admin
Admin
May 7, 2025
DownstreamImpactMidstreamNewsOil & GasUpstream

Dangote commends Tinubu for appointing Ojulari, Kida, says new leadership supports his refinery’s needs

... vows to fight oil marketers, traders, cabals to a standstill Oredola Adeola Aliko Dangote, President of Dangote Group, has commended President Bola Tinubu for appointing Mr. Bashir Bayo Ojulari…

Admin
Admin
May 6, 2025
AdvertorialEnergy TransitionEnvironmentGreen FinanceImpactNewsSustainability

Axxela retains gold medal in 2025 EcoVadis sustainability rating

... secure 95th percentile ranking across key ESG pillars Oredola Adeola Axxela Limited, a leading gas and power portfolio company in sub-Saharan Africa, has retained its Gold Medal in the…

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Admin
May 6, 2025
DistributionFinanceNewsPower

DisCos fail to recover ₦125.7bn in two months despite ₦496bn customers’ billing

... revenue collection improves by 6.56% from January to February 2025 ... Kaduna, Aba, Jos DisCos struggle with low collection efficiencies below 65% in early 2025   Oredola Adeola The…

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May 5, 2025
DistributionEnergy TransitionFinanceGasGenerationNewsPowerTransmission

Tinubu to clear N4 trn GenCos debt within six months — Adelabu

... Minister mulls electricity subsidy removal, urges Nigerians to embrace cost-reflective tariffs Oredola Adeola President Bola Ahmed Tinubu is set to address the N4 trillion debt owed to the Generating…

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Admin
May 5, 2025
FinanceGasMidstreamNews

NNPC’s NGML initiates process to acquire 5.2mmscfd CNG facility from AXXELA’s GNSL

Oredola Adeola NNPC Gas Marketing Limited (NGML), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC), has initiated a process to acquire a 5.2 million standard cubic feet per…

Admin
Admin
April 28, 2025
DocumentaryImpactNews

LSBTC hails VCDF, SEEPCO for donating 853 pints of blood in 4-year health partnership

... as VCDF/SEEPCO sets to establish voluntary blood donor club comprising volunteers Oredola Adeola The Lagos State Blood Transfusion Committee (LSBTC) has commended Vcare for Development Foundation (VCDF) and Sterling…

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April 25, 2025
DocumentaryImpactNewsSpecial Report

Federal Government relaunches School Feeding Programme for primary pupils

... targets N1trn annually to scale up programme under Renewed Hope agenda ... engages stakeholders to strengthen implementation Oredola Adeola The Federal Government has considered the relaunch and scaling of…

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April 25, 2025
DocumentaryImpactNewsSpecial Report

NNPCL’s Olufemi Soneye clinches NIPR 2025 spokesperson of the year honour

...dedicates award to teamwork, pledges transparent communication Oredola Adeola The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Olufemi Soneye, has been honoured as the…

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Admin
April 18, 2025
DocumentaryDownstreamEnergy TransitionMidstreamNewsOil & GasSustainabilityUpstream

NNPCL GCEO, Engr. Ojulari, all-technocrat Board pledge collaborative leadership for industry growth

“Turn your team’s reputation to results, boost crude production- Lokpobiri urges Ojulari Oredola Adeola   Engr. Bashir Bayo Ojulari, Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company…

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April 17, 2025
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