Nigeria produced about 1.37 trillion standard cubic feet (scf) of natural gas between January and June 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
Energy
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BusinessEconomyEnergyEnvironmentOil & GasPower Sector
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BusinessEconomyEnergyInnovationManufacturingTechnology
Schneider Electric Pushes Edge Computing and Smart Dashboards to Boost Nigerian Manufacturing
In Nigeria’s manufacturing sector, where daily challenges include poor power supply and unreliable internet, global energy and automation firm Schneider Electric says smarter machines could help industries work better. The …
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BusinessEconomyEducationEnergyInnovationTechnology
Zinox Chairman Calls for Electricity Subsidy in Schools to Boost Digital Growth
Zinox Group Chairman, Leo Stan Ekeh, has urged the Federal Government to subsidise electricity supply for schools and research centres, warning that poor power supply is slowing down Nigeria’s progress …
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BusinessDevelopmentEducationEnergyEnvironmentInnovationYouth
Schneider Electric Backs Nigerian Students to Lead Clean Energy Drive
French energy giant, Schneider Electric, is turning to Nigerian students to power the country’s transition into clean energy. The company partnered with Enactus, a global non-profit focused on youth innovation, …
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BusinessEconomyEnergyGovernanceLabourOil & Gas
Petroleum Retailers Slam NNPC GCEO for Skipping Port Harcourt Refinery Visit
Petroleum retailers in Rivers State have expressed disappointment that the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr Bayo Ojulari, failed to visit the Port Harcourt …
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BusinessDevelopmentEconomyEnergyFinanceGovernment Policy
Afrinvest Questions Tinubu’s $1tn GDP Target Over Inflation
Investment research and advisory firm Afrinvest has expressed doubt over President Bola Ahmed Tinubu’s ambitious projection that Nigeria’s economy will grow four times bigger to reach $1 trillion by 2030. …
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BusinessEconomyEnergyGovernment PolicyInfrastructureOil & Gas
Tinubu Hails NNPC and Sahara Group Over New LPG Vessel ‘MT Iyaloja Lagos’
President Bola Ahmed Tinubu has praised the Nigerian National Petroleum Company Limited (NNPC Ltd) and Sahara Group for their commitment to strengthening Africa’s role in the global clean energy market. …
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AfricaBusinessEconomyEnergyMining
Egypt Saves $3.6 Billion on Fuel Imports as Domestic Energy Production Rises
Egypt has announced that it successfully saved about $3.6 billion in fuel import costs during the 2024/2025 fiscal year, thanks to a boost in local energy production. The Minister of …
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EnergyGovernment PolicyInsuranceLawPublic SafetyReal EstateRegulationSecurity
New Law Makes Insurance of Public Buildings and Fuel Stations Compulsory, Defaulters Face Fines and Jail
Landlords and occupiers of public buildings in Nigeria now risk a fine of N1 million, a jail term of 12 months, or both, if they fail to insure their properties …
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EnergyGeopoliticsMarket ForecastOil & GasTrade & Investment,
OPEC and IEA Disagree on Oil Market Outlook for 2025-2026
The Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) are still giving different forecasts for the oil market over the next two years. Their latest …