Nigeria’s drive to ramp up crude oil production received a fresh boost on Monday as the Nigerian National Petroleum Company Limited (NNPCL) confirmed a new oil and gas discovery by …
Energy
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AfricaAFRICA NEWSEnergyEnergy Sector
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Climate ActionCorporate GovernanceEnergy
Seplat Energy Drives ESG, Gas, and LPG Investments in Nigeria
Seplat Energy Plc has reaffirmed that oil and gas will remain a key part of Nigeria’s energy mix, while calling on operators to conduct their activities responsibly, efficiently, and sustainably. …
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Business and EconomyEnergyInfrastructureOil & Gas
DAPPMAN Flags Job Risk as Fuel Supply Pattern Changes
Nigeria’s downstream petroleum sector is facing a major shift as members of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) raise concerns over persistently low activity levels across …
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Business and EconomyCorporate NewsEnergySustainability
Dangote Cement Rewards Distributors with ₦15bn Incentives
Dangote Cement Plc has rewarded its distributors and customers with incentives worth about ₦15 billion, in a move the company says is aimed at appreciating loyalty, resilience and strong performance …
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TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement with Vaaris for the divestment of its 10 per cent non-operated interest in the onshore assets of the Renaissance Joint …
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The Federal Government has commenced enforcement of a 0.5 per cent levy on the wholesale price of petroleum products and natural gas, tightening regulatory oversight in the downstream segment of …
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BankingBusinessEconomyEnergyFinanceInfrastructurePower Sector
Sahara Power Services $438m Loan, Backs Nigeria Power Sector Growth Plans
by Radarr Adminby Radarr AdminSahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …
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African EconomyBusiness and InvestmentEnergyInfrastructureOil & Gas
Africa Bets on Floating LNG to Fast-Track Gas Development
by Radarr Adminby Radarr AdminAfrica’s growing energy needs are pushing governments and investors to look for faster and safer ways to develop natural gas, and a new report has identified Floating Liquefied Natural Gas …
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BusinessEconomyEnergyManufacturingOil & GasUncategorized
Dangote Refinery Says Operations Ongoing, PMS Supply Stable
Dangote Petroleum Refinery has firmly dismissed reports claiming that it has shut down operations for maintenance, describing the information as false, misleading, and capable of causing unnecessary panic in the …
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EconomyEnergyGovernment PolicyNational BudgetOil & GasPublic Finance
Nigeria Misses Oil Revenue Target by Over 63% Despite Higher Crude
The Federal Government earned far less than expected from crude oil in the first half of 2025, even though crude oil production improved slightly during the period. According to the …