The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
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Energy
- EconomyEnergyINVESTMENTMarketsNigeriaPolicies
NGX Ends Bullish Streak as Investors Lose N202 Billion After CBN Holds Interest Rate
The Nigerian Exchange Limited (NGX) closed last week on a bearish note, breaking its four-week bullish streak, as investors’ wealth declined by N202 billion. This downturn followed the Central Bank …
- BusinessDangote IndustriesEconomyEnergyInfrastructureOil & Gas
Port Harcourt Refinery Shutdown Sparks Reactions from Marketers and Industry Groups
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said the shutdown of the Port Harcourt Refining Company by the Nigerian National Petroleum Company Limited (NNPC) is not a major …
- DevelopmentEducationNigeriaOil & GasTechnology
NNPC/FIRST E&P JV Trains 180 Teachers, Distributes 200 Digital Devices to Boost Education in Niger Delta
In a move to improve digital learning in the Niger Delta, the NNPC Limited and FIRST Exploration & Petroleum Development Company (FIRST E&P) Joint Venture, in collaboration with the Nigerian …
- DevelopmentEnergyEnvironmentGOVERNMENTNigeriaOil & Gas
NEITI Launches Framework to Improve Transparency and Climate Accountability in Nigeria’s Extractive Sector
The Nigeria Extractive Industries Transparency Initiative (NEITI) has introduced a new Energy Transition and Climate Accountability Framework. This new move is aimed at helping Nigeria manage its oil, gas, and …
- CrimeEconomyEnergyEnvironmentInfrastructureSecurity
NAF Destroys Over 100 Illegal Refining Sites in Niger Delta in Fresh Crackdown on Oil Theft
The Nigerian Air Force (NAF) has destroyed more than 100 illegal crude oil refining sites in the Niger Delta region between January and May 2025. This action is part of …
- EnergyGOVERNMENTNigeriaWestern AfricaWisolar
FG: Nigeria Lacks Half the Skilled Workers Needed for Power Sector, Eyes 10,000 Jobs in Renewable Energy
The Federal Government has said that Nigeria currently has only about half the human capital needed to run its power sector efficiently, especially in the rapidly growing renewable energy space. …
- BusinessEconomyELECTRICITYEnergyGOVERNMENTInfrastructureMarketsNigeria
NDPHC Cries Out Over N600bn Debt, Says Power Plants Struggling Despite 4,000MW Capacity
The Niger Delta Power Holding Company (NDPHC) has raised alarm that it is being owed nearly N600 billion by the Nigeria Bulk Electricity Trading Plc (NBET) and other bilateral power …
- EducationEnergyEnvironmentGOVERNMENTNigeriaTechnologyTransportation & Logisitics
Lagos Launches CNG Training for 500 Polytechnic Students to Drive Green Energy Future
The Lagos State Government has flagged off a one-month intensive training programme on Compressed Natural Gas (CNG) conversion for 500 polytechnic students across the South-West, signalling a strong push toward …
- BusinessEnergyEnvironmentGOVERNMENTInnovationTechnology
NADDC Commends SAGLEV for Pioneering Electric Vehicle Assembly in Nigeria
The National Automotive Design and Development Council (NADDC) has commended SAGLEV Electromobility Nigeria Limited for pioneering electric vehicle (EV) manufacturing in Nigeria, describing the company’s facility as the first fully …