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 …
Energy
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EconomyGovernanceLabourNational SecurityOil & GasSecurity
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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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BusinessCorporate AffairsEconomyEnergyFinanceINVESTMENTNigeria
Eterna Plc launches N21.52bn rights issue to boost expansion plans
Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
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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 …
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ClimateDevelopmentEnergyGOVERNMENTInternational AffairsSouth Africa
UK Considers Extending $1 Billion Debt Guarantee to Support South Africa’s Green Energy Transition
by Radarr Adminby Radarr AdminThe United Kingdom may extend a $1 billion (about R17 billion) debt guarantee to South Africa as part of efforts to help the country shift to cleaner energy. The guarantee, …
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BusinessDevelopmentEconomyEnergyGOVERNMENTOil & Gas
FG Warns Oil Companies to Show Real Commitment or Lose Space in Nigeria’s Energy Sector
The Federal Government has issued a clear warning to international oil companies and other operators in the petroleum sector, saying only those ready to speed up field development and deliver …
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Climate ChangeEnergyEnvironmentGOVERNMENTPoliciesTaxation
National Assembly Reaffirms Commitment to Tax Reforms for Nigeria’s Energy Transition
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the National Assembly will continue to push tax reforms as part of Nigeria’s long-term plan to support energy …
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BusinessDevelopmentEconomyFinanceOil & Gas
Nigeria Records 3.98% GDP Growth in Q3 2025 as OPS Warns Gains Not Yet Felt by Businesses
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, showing a slight improvement from the 3.86 per cent recorded in the same period of 2024, according …
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BusinessEconomyEnergyGOVERNMENTNigeriaOil & Gas
FG Targets $10bn Investment as NUPRC Launches 2025 Licensing
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has launched the Nigeria 2025 Petroleum Licensing Round, an ambitious national plan expected to attract $10bn in new investments and …