The Nigerian equities market extended its bullish rally on Tuesday as the overall market capitalisation crossed the ₦71 trillion mark, driven by strong performances from Oando Plc and 30 other …
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has officially commissioned Nigeria’s first Liquefied to Compressed Natural Gas (LCNG) hub in Yola, Adamawa State. The project, developed by …
Nigeria’s oil and gas industry is undergoing a major transformation as local oil companies now produce more than half of the country’s total crude oil output. This development marks a …
Nigeria’s oil and gas sector is undergoing a major transformation, driven by local companies stepping into roles traditionally held by international oil majors. With a wave of asset divestments by …
South Africa’s ultra-left opposition party, the Economic Freedom Fighters (EFF), has taken legal action against the government over its plan to increase the fuel levy by 4%, a move the …
PE Energy Limited, a leading energy services company in Nigeria, has officially submitted its Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian oil and gas sector …
The Enugu State Electricity Regulatory Commission (EERC) has directed MainPower Electricity Distribution Company (formerly Enugu Electricity Distribution Company, EEDC) to refund over 20,000 customers for wrongful billing in April 2025. …
Vice President Kashim Shettima has restated the Tinubu administration’s determination to transform Nigeria’s cocoa industry by shifting focus from mere production to full-scale processing and value addition. He also disclosed …
The Major Energies Marketers Association of Nigeria (MEMAN) has said that low taxation is one of the main reasons why petrol is cheaper in Nigeria than in other West African …
Shell has lifted the first crude oil cargo from Nigeria’s new Otakikpo onshore terminal, officially marking the start of operations at the $400 million facility developed by Green Energy International …