Energia Limited, one of Nigeria’s leading independent energy companies, has launched a new graduate trainee programme aimed at helping young Nigerian professionals start strong careers in the energy industry. The …
Energy
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BusinessEducationEnergyNigeriaOil & Gas
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
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BusinessEconomyEnergyGOVERNMENTMarketsOil & Gas
Dangote Refinery Output Falls Short as Nigeria Leans on Fuel Imports in October
Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
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EconomyEnergyEnvironmentGovernanceNewsNigeriaOil & Gas
IEA hails Nigeria’s upstream reforms as NUPRC says PIA boosts transparency
The International Energy Agency (IEA) has applauded the reforms taking place in Nigeria’s upstream petroleum sector, following detailed explanations from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on how the …
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DiplomacyEnergyMarketsNewsOil & GasWorld
Oil Prices Edge Up as Hopes Rise for Possible Russia-Ukraine Peace Deal
Oil prices recorded a slight increase on Wednesday after falling to one-month lows the previous day. Traders across global energy markets are now watching diplomatic moves closely as signals emerge …
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BusinessCourt RulingsEconomyInternationalNigeriaOil & Gas
Indian Court Clears Path for Sandesara Brothers’ $570m Settlement as Their Nigerian Oil Empire Grows
India’s Supreme Court has opened a major legal door for billionaire brothers, Nitin and Chetan Sandesara, after ruling that they can settle one of India’s largest alleged bank-fraud cases by …
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BusinessEconomyEnergyNigeriaOil & GasTrade
Nigeria Cuts Fuel Imports from Malta by 60% as Dangote Refinery Boosts Local Supply
Nigeria’s imports of refined petroleum products from Malta have fallen sharply by 60 percent in 2024, marking a major shift in the country’s downstream fuel supply pattern. The drop comes …
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BusinessEconomyEnergyGovernanceInfrastructureOil & Gas
NNPC sets June 2026 deadline for refinery partners
The Nigerian National Petroleum Company Limited has announced a new target of June 2026 to complete the selection of technical partners for the country’s three state-owned refineries. This marks another …
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AccountabilityAnti-CorruptionEconomyGOVERNMENTOil & GasPublic Finance
Audit Uncovers N61bn Irregularities in NNPCL’s Accounts
The Office of the Auditor-General for the Federation has uncovered 28 major financial irregularities linked to the Nigerian National Petroleum Company Limited, involving questionable payments, undocumented spending, and breaches of …
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Climate ChangeEnergyEnvironmentGOVERNMENTMaritimeTechnology
NIMASA Showcases New Emissions Monitoring System at COP 30
The Nigerian Maritime Administration and Safety Agency has unveiled a new Public-Private Partnership model aimed at cutting carbon emissions across the nation’s maritime sector. The initiative, known as the Nigerian …