The Dangote Petroleum Refinery has received its second crude oil cargo from Ghana, marking another step in its gradual shift toward sourcing more West African and Nigerian crude grades. The …
Oil & Gas
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BusinessEconomyEnergyManufacturingNigeriaOil & GasWestern Africa
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BusinessClimate ChangeEnvironmentOil & GasPower Sector
NNPC/Heirs Energies lead OML 17 gas commercialisation
The NNPC/Heirs Energies OML 17 Joint Venture has advanced Nigeria’s gas commercialisation and environmental protection drive with the symbolic signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare …
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BusinessClimate ChangeEconomyEnergyInternational TradeOil & Gas
NLNG Calls for Stronger Global Cooperation to Stabilise LNG Supply and Protect Energy Access
Nigeria LNG Limited (NLNG) has called on global energy leaders to deepen cooperation and strategic partnerships to stabilise Liquefied Natural Gas (LNG) supply, improve affordability for emerging economies, and secure …
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
FG Cuts Oil Block Signature Bonus to $3m–$7m
The Federal Government of Nigeria has reduced the signature bonus required for participation in the 2025 oil block licensing round, in a major move aimed at attracting more investors into …
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BusinessLabourNational BudgetOil & GasPower Sector
Dangote Refinery Stops Salaries of Sacked Engineers as Talks with PENGASSAN Continue
The Dangote Petroleum Refinery has stopped paying the monthly salaries of engineers who were disengaged in September following its dispute with the Petroleum and Natural Gas Senior Staff Association of …
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AgricultureBusinessEconomyFinanceINVESTMENTOil & Gas
Afrinvest Projects Nigeria’s Economy to Grow by Up to 4.5% in Q4 2025 on Stronger Spending and FX Supply
Analysts at Afrinvest have projected that Nigeria’s economy could grow between 4.3 per cent and 4.5 per cent in the fourth quarter of 2025, driven by seasonal activities, improved foreign …
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EconomyGovernanceLabourNational SecurityOil & GasSecurity
PENGASSAN Urges FG to Name Terror Sponsors
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has expressed strong concern over the growing level of insecurity across the country and has called on the Federal …
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Community DevelopmentEnergyGOVERNMENTNigeriaOil & GasPublic Policy
PIND and Ford Foundation End Bridges Project
The Foundation for Partnership Initiatives in the Niger Delta (PIND) and the Ford Foundation have formally concluded the Bridges Project with a high-level stakeholders’ dialogue aimed at improving how Host …
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BusinessCorporate AffairsFinanceJudiciaryLegal AffairsOil & Gas
Appeal Court Session Stalls Over Dispute on Legal Representation in Nestoil
Proceedings at the Court of Appeal, Lagos Division, were stalled on Thursday following a heated dispute over who was properly authorised to represent Nestoil Limited and Neconde Energy Limited in …
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EconomyFinanceGOVERNMENTNational AssemblyNational BudgetNigeriaOil & GasPublic Policy
FG Projects N50.74tn Revenue for 2026 as Rising Deficit Sparks Fresh Economic Warnings
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …